0 Rte 56 & Galena Blvd Sugar Grove, IL 60554
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.
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.