Property profile

0 Of Galligan Rd Carpentersville, IL 60110

OFF-MARKET
Land
85.5 ac lot
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Property summary

AI-generated overview

This exceptional 85.5-acre commercial land parcel presents a remarkable investment opportunity in Carpentersville, Illinois. Strategically located south of Huntley Road and east of Galligan Road, this property boasts a prime location just west of Randall Road, a bustling thoroughfare with significant retail presence. The property's zoning, as indicated by the Future Use Map, designates it for Residential Single-Family Detached District use, offering substantial potential for multifamily and residential development. Detailed due diligence is available upon request. The property is served by the Huntley Community Consolidated School District 158. High traffic counts are a key advantage, with 14,500 vehicles daily on Huntley Road and 32,700 vehicles daily on Randall Road, ensuring high visibility and accessibility. The property consists of two parcels, APN 02-12-200-001 & 02-01-400-004, and carries an annual tax burden of $1,141.54. Offered at $60,000 per acre, totaling $5,130,000 for the entire parcel, this presents a compelling opportunity for developers seeking a substantial land holding in a rapidly growing area. Contact us today to learn more about this exceptional property.

Property profile

Verified
Property type Land
Lot 85.5 ac (3,724,380 SF)

Cap rate & NOI

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

Location

Of Galligan Rd Carpentersville, IL 60110
Carpentersville metro
Google Maps

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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