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    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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