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    OFF-MARKET
    Land

    2840-2844 Hintz Rd, Wheeling, IL 60090

    1.92 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.92-acre land parcel presents a remarkable redevelopment opportunity in Wheeling, Illinois. Located at 2840-2844 Hintz Road, this property consists of two wooded parcels zoned R-1, offering significant potential for various development projects. The site boasts a highly convenient location, with easy access to major thoroughfares such as Dundee Road (Route 68), Elmhurst Road (Route 83), Rand Road (Route 12), and Route 53, ensuring excellent connectivity and accessibility. An adjacent parcel houses a Kindercare facility, suggesting a strong existing community presence and potential synergy for future developments. The asking price for this prime land is $650,000. This is an ideal investment for developers seeking a strategically located site with high development potential in a thriving area of Cook County. The property's size and zoning regulations provide ample flexibility for a range of projects, making it an attractive proposition for those seeking to capitalize on the area's growth. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 1.92 ac (83,635 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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