0 Greenwood Acres Dr DeKalb, IL 60115
This exceptional 2.47-acre commercial land parcel is strategically located in DeKalb, Illinois, on Greenwood Acres Drive, zip code 60115. Its prime location within DeKalb County's thriving retail corridor presents a remarkable development opportunity. The property is situated adjacent to a Lowe's home improvement store, ensuring high visibility and convenient access for potential businesses. A wide range of development options are feasible, including hotels, restaurants, mixed-use complexes, office buildings, medical facilities, mini-storage units, or light industrial spaces. The presence of existing sanitary sewer infrastructure simplifies development planning and reduces upfront costs. Furthermore, the property's proximity to movie theaters, shopping centers, and a nature trail enhances its appeal and provides added convenience to future occupants and patrons. The owner is motivated to sell and is seeking an immediate buyer for this exceptional investment opportunity. The asking price for this 2.47-acre site is $269,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.