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    OFF-MARKET
    Land

    0 River Bend Dr, Genoa, IL 60135

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    Property summary
    AI-generated overview

    This exceptional development opportunity encompasses 31 fully improved rowhome sites, perfectly situated in Genoa, Illinois, within DeKalb County. Located south of Route 72 and west of Market Street, this 60135 zip code location offers convenient access to local amenities and transportation routes. Each lot boasts generous dimensions of 27.5 feet by 122 feet, providing ample space for construction. The property is zoned PUD, allowing for the immediate commencement of building projects. The asking price for the entire parcel is $527,000, translating to a land value of $17,000 per acre. This represents a compelling investment opportunity given the prepared nature of the sites and their prime location. Detailed permit fees are available upon request. This is a turnkey opportunity for developers seeking a ready-to-build project with significant potential for return. The improved nature of the lots significantly reduces the time and cost associated with site preparation, allowing for a faster and more efficient development timeline. Don't miss this chance to acquire a substantial land holding in a desirable Illinois location. Contact us today to learn more about this exciting development opportunity.

    Property profile
    Verified
    Property type Land
    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
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    Permitted uses
    Allowed · conditional · prohibited
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