Current Use by Public Records
- Land
Property Details for 0 Tbd
- Lot size
- 3.87 lot acres
- Property type
- Land
Description
This exceptional 3.87-acre commercial land parcel presents a unique investment opportunity in Sycamore, Illinois. Strategically located at the northeast corner of Peace Road and Route 23, this property boasts a high-visibility location at a signalized intersection with an impressive average daily traffic count of 15,000 vehicles. The property offers significant development potential, given its size and prime location. Access is conveniently provided via an easement from Plaza Drive. The asking price is $990,000, translating to a price per square foot of $5.87. While the land value per square foot is listed as $0/SF, the overall price reflects the strategic location and development potential. This property could be particularly attractive to developers seeking high visibility and accessibility. Note that an adjacent 0.87-acre commercial lot (MLS 08645927) next to a Taco Bell is available for potential combination, offering further expansion possibilities. The total square footage of the property is 168,577 square feet. This property is situated in De Kalb County, Illinois, with a zip code of 60178. The coordinates are 41.9889173 latitude and -88.6867538 longitude.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sycamore
- County
- De Kalb
- State
- Illinois
- Longitude
- -88.6868
- Latitude
- 41.9889
