0 Kaylins Way Ringwood, IL 60072
This 1.01-acre commercial lot, located at Kaylins Way in Ringwood, Illinois (APN 0909127008), presents a unique development opportunity. Zoned R-1, this fee simple property offers 43,996 square feet of land with 2064 feet of frontage. Utilities are conveniently located nearby, with gas and electric already stubbed to the lot. While a private well and septic system will be required, the lot is fully engineered and approved by the Village of Ringwood, streamlining the building process. Situated in the highly desirable Johnsburg school district, this location provides easy access to shopping and dining. The property is part of the Oakview Estates community and has minimum square footage requirements for new construction: 2200 square feet for ranch homes and 2800 square feet for two-story homes. Covenants and restrictions are available upon request. This is an exceptional chance to build in a sought-after area. The asking price is $44,500.
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.