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    OFF-MARKET
    Land

    28629 Rt. 12 Hwy, Wauconda, IL 60084

    6.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.03-acre commercial land parcel in Wauconda, Illinois, presents a remarkable investment opportunity. Located at 28629 RT. 12 Hwy, this property boasts a highly desirable General Business (GB) zoning, allowing for a wide range of commercial uses. The asking price is $990,000, translating to a land value of $3.77 per square foot. Situated in Lake County, with a 60084 zip code, this strategically located site benefits from exceptional visibility and accessibility. High traffic counts are a key feature, with 34,300 vehicles per day (VPD) on Route 12 and 7,450 VPD on Bonner Road, ensuring significant exposure for any business. All essential utilities are readily available, including sewer, water, gas, and electricity. The property's dimensions are approximately 649' x 422' x 597' x 426'. Its ideal location makes it perfect for various businesses, including auto, boat, or heavy equipment dealerships, flex/warehouse spaces, and leisure furniture retailers. The owner is open to exploring a joint venture or build-to-suit arrangement, offering flexibility for potential buyers. This property represents a rare chance to acquire a substantial commercial land parcel in a thriving location with excellent infrastructure and high traffic volume. Don't miss this opportunity to establish your business in a prime Wauconda location.

    Property profile
    Verified
    Property type Land
    Lot 6.03 ac (262,667 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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