Swc Rte 47 & Harter Rd Sugar Grove, IL 60554
- Land
- 37.72 lot acres
Current Use by Public Records
- Land
Property Details for 0 Swc Rte 47 & Harter Rd
- Lot size
- 37.72 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 37.72-acre commercial and industrial land parcel presents a unique investment opportunity in Sugar Grove, Illinois. Located at the southwest corner of Route 47 and Harter Road, this property boasts a highly desirable location with excellent visibility and accessibility. The asking price is $1,093,000, translating to $29,000 per acre. Currently zoned for agricultural use, the land is strategically positioned within a proposed Tax Increment Financing (TIF) district, offering potential future development incentives. Its proximity to the new I-88 interchange (within 2 miles) ensures convenient access to major transportation arteries, significantly enhancing its logistical appeal for businesses. Furthermore, the property benefits from the availability of sewer and water services directly adjacent to the site. This prime location is also part of a planned business park/corridor, promising future growth and development in the area. The site's position across from Waubonsie Community College provides a strong potential customer base and workforce pool. This substantial acreage offers significant potential for a variety of commercial and industrial developments, making it an attractive proposition for investors and developers seeking a strategic foothold in a rapidly growing area. The combination of location, infrastructure, and future development prospects makes this a compelling investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sugar Grove
- County
- Kane
- State
- Illinois
- Longitude
- -88.4617
- Latitude
- 41.7936
