0 Nwc Of Rte 31 & Willow Ln West Dundee, IL 60118
This exceptional 9-acre parcel in West Dundee, Illinois, presents a compelling investment opportunity. Located at the highly trafficked intersection of Route 31 and Willow Lane, this property boasts a prime location with easy access to I-90, ensuring high visibility and accessibility. Previously valued at $3,500,000, the current asking price is $1,250,000. The property is zoned B-3 Business Service District, and a Special Use Permit is in place for a 149-unit senior housing development. However, the zoning allows for a variety of uses, including retail, commercial, and residential development, offering significant flexibility for potential buyers. The site's substantial size and strategic location make it ideal for a large-scale project. High traffic counts and excellent highway access contribute to its exceptional commercial potential. This is a rare opportunity to acquire a significant land parcel in a thriving area with a proven track record of development. The property is vacant and ready for immediate development, presenting a unique chance to capitalize on its considerable potential. The Kane County location and 60118 zip code further enhance its desirability.
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.
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.