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    OFF-MARKET
    Land

    0 Nec Gary Ave & Lies Rd, Carol Stream, IL 60188

    4.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.2-acre commercial land parcel presents a unique development opportunity in the thriving DuPage County town of Carol Stream, Illinois. Located at the highly visible, fully-lighted intersection of Gary Avenue and Lies Road, this property boasts excellent retail exposure with an impressive daily traffic count of 10,900 vehicles. The site is zoned B-3 with Planned Unit Development (PUD) approval already in place, streamlining the development process. Conveniently situated near major thoroughfares including I-290, I-355, and I-390, this location offers unparalleled accessibility. The asking price is $1,750,000, translating to a land value of $9.57 per square foot. Off-site detention is already arranged, minimizing development complexities. This property is subject to DuPage County taxes and represents a compelling investment prospect for developers seeking a high-traffic, strategically located site in a desirable market. The 60188 zip code ensures easy access to a robust consumer base. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 4.2 ac (182,952 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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