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    OFF-MARKET
    Land

    1801 Oak St, North Aurora, IL 60542

    65 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 65-85 acre land parcel presents a remarkable opportunity for multifamily residential development in the desirable North Aurora, Illinois market. Located at 1801 Oak St, North Aurora, IL 60542, this property boasts a strategic location with two signaled intersections, ensuring high visibility and accessibility. Significant roadway improvement plans are underway, further enhancing the site's appeal and potential for increased traffic flow. The land is priced competitively at $2 per square foot, representing a compelling value proposition for developers. The property is situated within the highly-regarded West Aurora School District, a key factor for attracting families and renters. Concept plans are available for review, providing a solid foundation for immediate project initiation. This expansive acreage offers significant potential for a substantial multifamily development, capitalizing on the strong demand for housing in this thriving community. The property's size and location make it an ideal candidate for a large-scale project, promising significant returns on investment. Kane County location provides easy access to major roadways and amenities.

    Property profile
    Verified
    Property type Land
    Lot 65 ac (2,831,400 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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