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Property profile & analytics
OFF-MARKET
Land

1451 Dundee Ave Elgin, IL 60120

12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12-acre parcel in Elgin, Illinois, presents a remarkable investment opportunity. Located at 1451 Dundee Avenue, this commercially and industrially zoned property (GI - General Industrial) is priced at $2,090,880, or $4 per square foot. Its versatile zoning allows for a wide range of development possibilities, including warehousing, manufacturing, truck sales, a sports complex, medical offices, or even a hotel. The property boasts excellent visibility and accessibility. It's situated just 0.4 miles from a Pace bus stop, providing convenient public transportation access. Furthermore, it enjoys a direct view corridor to I-90, a major interstate highway, ensuring high traffic visibility. Dundee Avenue experiences a daily traffic volume of 20,100 vehicles, while I-90 sees 97,200 vehicles per day, offering significant potential for business exposure. This prime location in Cook/Kane/DuPage County, with its zip code 60120, offers unparalleled potential for a variety of commercial and industrial uses. The property's size and strategic location make it an ideal choice for businesses seeking a prominent presence in a thriving area.

Property profile
Verified
Property type Land
Lot 12 ac (522,720 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
Current use
Occupant on record · Public records
  • Church of the Brethren General Offices Church Mosque
  • Brethren Volunteer Service Church Mosque
  • Anabaptist Worship Exchange Church Mosque
  • Mary Knoll Missions Association Association Or Organization
  • Brethen Historical Society Museum
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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