0 Kaylins Way Ringwood, IL 60072
This exceptional 0.84-acre commercial lot, located at Kaylins Way in Ringwood, IL (APN: 0909127012), presents a unique opportunity for development. Zoned R-1, it's situated within the desirable Oakview Estates community and offers convenient access to shopping and dining. Utilities are partially in place, with gas and electric already stubbed to the lot. Buyers should note that private well and septic systems will be required. The property is fully engineered and approved by the Village of Ringwood, simplifying the permitting process for new construction. Minimum square footage requirements apply: 2200 square feet for ranch homes and 2800 square feet for two-story homes. This lot boasts approximately 36,590 square feet of land. Covenants and restrictions are available upon request. This is an ideal location within the highly sought-after Johnsburg school district. The asking price is $42,500. Bulk lot purchases may be available.
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
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.