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    Land

    0 4.89 By Itself, Hoffman Estates, IL 60169

    4.89 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.89-acre commercial land parcel presents a unique investment opportunity in the thriving Hoffman Estates, Illinois market. Located in Cook County, this expansive site boasts a desirable location with convenient access to major transportation arteries, making it ideal for a wide range of commercial developments. The property's generous size offers significant flexibility for ambitious projects, allowing for substantial building footprints and ample parking or landscaping. Its zoning classification (not specified in provided data) will dictate the permissible uses, which should be verified independently. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and environmental considerations. The property's address is listed as 4.89 by itself, Hoffman Estates, IL 60169, with GPS coordinates of 42.0577989 latitude and -88.1144943 longitude. This location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-profile presence. The sheer size of this land parcel makes it a rare find in this competitive market, presenting a significant opportunity for developers and investors alike. Serious inquiries are welcome. Further details regarding potential development plans and cost estimates are available upon request. This property is being offered for sale.

    Property profile
    Verified
    Property type Land
    Lot 4.89 ac (213,008 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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