30 Rte 56 & Rte Sugar Grove, IL 60554
This exceptional 140-acre parcel presents a unique investment opportunity in Sugar Grove, Illinois. Strategically located at the intersection of Route 56 and Route 30 (Galena Boulevard), this property boasts unparalleled visibility and accessibility. Just minutes south of the I-88 and Route 56 interchange, and a half-mile east of Route 47, it offers convenient access to major transportation arteries. The land is zoned R-2 PUD and B-3 PUD, allowing for a variety of development options, including office, retail, and high-density residential projects. Existing infrastructure is a significant advantage, with Fox Metro sewer and water services readily available on-site. The substantial lot size, combined with its prime location and flexible zoning, makes this property ideal for developers seeking a high-impact project with excellent return potential. The property's frontage along the Route 56 and Route 30 interchange ramp and Galena Boulevard ensures maximum exposure to a high volume of traffic. This is a rare opportunity to acquire a large, well-situated tract of land in a rapidly growing area of Kane County, Illinois, with a zip code of 60554. The price per acre is $70,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.