0 River Bend Dr, Genoa, IL 60135
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.