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Property profile & analytics
OFF-MARKET
Land

72 And Reinking Rd Pingree Grove, IL 60140

1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.3-acre commercial land parcel presents a prime investment opportunity in Pingree Grove, Illinois. Located at the hard corner of Route 72 and Reinking Road, this site boasts a highly visible location at a traffic-lighted intersection, experiencing over 12,400 vehicles daily. The property is zoned C-1 PUD, offering flexibility for a variety of commercial uses. Utilities are readily available on-site. Strong demographics and a thriving residential growth surrounding the property create a high demand for retail services. The area is currently underserved and presents an excellent opportunity for businesses such as a retail pharmacy, immediate care center, breakfast restaurant, liquor store, pet supply store, or similar ventures. The asking price for this strategically located parcel is $525,000. This is a rare chance to acquire a well-positioned commercial lot in a rapidly developing area with significant potential for return on investment. The Kane County location and 60140 zip code offer easy access to major transportation routes and a strong local market. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth area.

Property profile
Verified
Property type Land
Lot 1.3 ac (56,628 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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