Rte 56 & Galena Blvd Sugar Grove, IL 60554
- Land
- 44.38 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rte 56 & Galena Blvd
- Lot size
- 44.38 lot acres
- Property type
- Land
Description
This exceptional 44.38-acre commercial land parcel presents a remarkable investment opportunity in Sugar Grove, Illinois. Strategically located at the intersection of Route 56 and Galena Boulevard (Route 30), this property boasts significant frontage on a major thoroughfare and benefits from convenient access to the Route 56 and Route 30 interchange. It's also situated a mere half-mile east of Route 47 and minutes south of the I-88 East/West Tollway, ensuring excellent connectivity and high visibility. The property is zoned R-2 PUD & B-3 PUD, making it ideally suited for a variety of development projects, including office spaces, retail establishments, and high-density residential complexes. With its expansive size and prime location, this land offers substantial potential for significant returns. The 2022 property taxes totaled $2,089.02. The asking price is $3,106,600, translating to $70,000 per acre. The APN is 14-14-300-019, and the ownership structure is a partnership. This is a rare opportunity to acquire a large, well-located parcel in a thriving area. Don't miss out on this chance to capitalize on the exceptional potential of this prime commercial land.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sugar Grove
- County
- Kane
- State
- Illinois
- Longitude
- -88.4214
- Latitude
- 41.7703
