2150 Us-12, Spring Grove, IL 60081
This exceptional 2.8-acre commercial land parcel in Spring Grove, Illinois, presents a remarkable infill development opportunity. Situated at the intersection of Short Street and US-12, this property boasts a highly visible location on a major thoroughfare with an impressive 12,000 vehicles passing daily, according to IDOT data. The site comprises six parcels (APN: 04-25-279-008,009,016,017,018,019) totaling 2.8 acres and is zoned B2, making it ideal for a variety of commercial uses. A proposed development could include a 4-6 unit retail center with a potential outlot. This is a unique opportunity to capitalize on a prime location in a thriving community. All six parcels must be purchased together. City water is available approximately 850 feet from the site, and sewer access is already in place. The asking price for this exceptional property is $795,000.
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
Similar Nearby for Sale
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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.