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Property profile & analytics
OFF-MARKET
Land

7320 Il-64 Clare, IL 60111

21 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21-acre property, located at 7320 IL-64, Clare, IL 60111, presents a unique investment opportunity. Situated in DeKalb County, this A-1 zoned land boasts approximately 6.5 acres of tillable cropland, ideal for agricultural pursuits. The property features a high-quality, all-brick home and substantial outbuildings (details available in a separate brochure). The land is characterized by level to nearly level topography and primarily consists of Kaneville silt loam. Enjoy approximately 1/4 mile of road frontage on Illinois Route 64, with convenient access to major highways including IL Route 38, IL Route 23, and IL Route 72. The property is strategically located approximately 45 miles west of Chicago O'Hare International Airport, and within close proximity to DeKalb, Sycamore, and Kirkland. All mineral rights owned by the seller are included in the sale. The asking price is $1,175,000. Mortgage financing options are available. 2024 real estate taxes are to be determined following a parcel split from the larger 240-acre parcel (#05-219-400-001). Numerous grain markets are within a 15-mile radius. Possession will be granted at closing, as outlined in the purchase contract. A brief legal description identifies the property as part of the Southwest Quarter of Section 29, Township 41 North - Range 4 East (Mayfield Township), DeKalb County, Illinois.

Property profile
Verified
Property type Land
Lot 21 ac (914,760 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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