7320 Il-64 Clare, IL 60111
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.