Property profile

0 Nec Hankes Rd. And Norris Rd Sugar Grove, IL 60554

OFF-MARKET
Land
3.28 ac lot
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Property summary

AI-generated overview

This exceptional 3.28-acre commercial land parcel presents a remarkable investment opportunity in Sugar Grove, Illinois. Located at the hard corner of Nec Hankes Road and Norris Road, this property boasts a prime location directly across from the Bliss Golf Course and bordered by the established Prestbury subdivision. The site benefits from strong demographics and convenient access to major transportation routes via the nearby I-88/Rt. 56 interchange. This versatile land is ideally suited for a variety of developments, including a childcare center, mixed-use retail/office space, senior living facilities, or townhomes. The City of Sugar Grove is actively encouraging multi-family development on this site. Utilities are readily accessible, with the water main situated across Norris Road to the west and sewer lines located just north of the northwest corner of the lot. The property includes two parcel identification numbers: 14-11-300-043 and 14-11-300-042. The sale price is subject to offer. Don't miss this chance to acquire a highly desirable commercial property in a thriving community.

Property profile

Verified
Property type Land
Lot 3.28 ac (142,877 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nec Hankes Rd. And Norris Rd Sugar Grove, IL 60554
Sugar Grove metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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