226.83 Acres On Peace Rd DeKalb, IL 60115
- Land
- 226.83 lot acres
Current Use by Public Records
- Land
Property Details for 0 226.83 Acres On Peace Rd
- Lot size
- 226.83 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- DeKalb
- County
- DeKalb
- State
- Illinois
- Longitude
- -88.7241
- Latitude
- 41.9073
