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    OFF-MARKET
    Land

    0 226.83 Acres On Peace Rd, DeKalb, IL 60115

    226.83 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 226.83-acre property in DeKalb County, Illinois, presents a significant investment opportunity. Strategically located on Peace Road, the land boasts over 3,000 linear feet of road frontage, offering excellent accessibility. The property comprises eight parcels, adding to its versatility and development potential. A key feature is the future access possibilities from County Farm, Enterprise, and Peace Roads, enhancing connectivity and logistical advantages. Its proximity to the DeKalb airport further strengthens its appeal for various uses. Currently zoned AG, a portion of the land (25 acres) is already annexed into the city of DeKalb with a future HI PD-I zoning designation, opening doors to a wider range of development options. The remaining acreage is not yet annexed. The property's location within an Enterprise Zone provides additional economic incentives. Potential future uses include industrial, office research, or transportation-related developments, making this a highly attractive proposition for investors seeking substantial land holdings with significant upside potential in a rapidly growing area. The asking price is $9,050,517. The zip code is 60115.

    Property profile
    Verified
    Property type Land
    Lot 226.83 ac (9,880,715 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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