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    2 Penny Ln Sugar Grove, IL 60554

    • Land
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Penny Ln

    Lot size
    1.80 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sugar Grove
    County
    Kane
    State
    Illinois
    Longitude
    -88.4273
    Latitude
    41.7888

    Comparable in this City

    • Value Estimation by Request
      140.00 Acres

      30 Rte 56 & Rte

      Land • 140.00 Acres
      30 Rte 56 & Rte, Sugar Grove, IL 60554
      View Details
    • Value Estimation by Request
      3.28 Acres

      Nec Hankes Rd. And Norris Rd

      Land • 3.28 Acres
      0 Nec Hankes Rd. And Norris Rd, Sugar Grove, IL 60554
      View Details
    • Value Estimation by Request
      1.98 Acres

      30 & Dugan Rd Sugar Grv

      Land • 1.98 Acres
      30 & Dugan Rd Sugar Grv, Sugar Grove, IL 60554
      View Details
    • Value Estimation by Request
      37.72 Acres

      Swc Rte 47 & Harter Rd

      Land • 37.72 Acres
      0 Swc Rte 47 & Harter Rd, Sugar Grove, IL 60554
      View Details
    • Value Estimation by Request
      44.38 Acres

      Rte 56 & Galena Blvd

      Land • 44.38 Acres
      0 Rte 56 & Galena Blvd, Sugar Grove, IL 60554
      View Details
    • Value Estimation by Request
      134.00 Acres

      47 Between Galena & Rt 56

      Land • 134.00 Acres
      47 Between Galena & Rt 56, Sugar Grove, IL 60554
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.28 Acres

      Sugar Grove Residential Land - 3.28 Acres

      Prime 3.28-acre residential lot, ideal for townhomes.
      0 Nec Hankes Rd. And Norris Rd, Sugar Grove, IL 60554
      View Details
    • Contact for pricing
      3.28 Acres

      Sugar Grove Commercial Land

      3.28 Acres, Prime Location
      0 Nec Hankes Rd. And Norris Rd, Sugar Grove, IL 60554
      View Details
    • $1,419,620
      1.98 Acres

      Sugar Grove Commercial Land

      Multiple lots, flexible zoning, prime location.
      30 & Dugan Rd Sugar Grv, Sugar Grove, IL 60554
      View Details
    • $1,093,000
      37.72 Acres

      Prime Sugar Grove Commercial Land

      37.72 Acres, $1.09M, I-88 Access
      0 Swc Rte 47 & Harter Rd, Sugar Grove, IL 60554
      View Details
    • $44,000
      0.40 Acres

      Land in Sugar Grove, IL

      Land for sale in Sugar Grove across from park.
      1310 Airs Ave, Sugar Grove, IL 60554
      View Details
    • $3,106,600
      44.38 Acres

      Sugar Grove Commercial Land Investment

      Prime 44-acre development site in Illinois.
      0 Rte 56 & Galena Blvd, Sugar Grove, IL 60554
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Sugar Grove Commercial Land

      60,548 SF Land, Build-to-Suit Available
      IL Sugar Grove Pkwy, Sugar Grove, IL 60554
      View Details
    • $24 SF/Yr
      13,815 SF

      Sugar Grove Retail Space For Lease

      Prime storefront, 1,282 sq ft available.
      472 Rte, Sugar Grove, IL 60554
      View Details
    • $9 SF/Yr
      20,000 SF

      Industrial Space in Aero Corporate Park

      5,000 SF industrial space for lease in Sugar Grove.
      1016 Airpark Dr, Sugar Grove, IL 60554
      View Details
    • $825 /Mo
      700 SF

      Small Warehouse Space For Rent

      700 square foot warehouse with easy access and ample parking.
      250 S Main St, Sugar Grove, IL 60554
      View Details
    • $24 SF/Yr

      Sugar Grove Retail Space Available

      Retail spaces available in busy Sugar Grove shopping center.
      495 Sugar Grv Pkwy, Sugar Grove, IL 60554
      View Details
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    2 Penny Ln
    Sugar Grove, IL 60554
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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