Property profile

44W361 Il-64 Maple Park, IL 60151

OFF-MARKET
Land
1.21 ac lot
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Property summary

AI-generated overview

This exceptional 1.21-acre commercial lot is situated at the highly visible, signalized intersection of State Route 64 and State Route 47 in Maple Park, Illinois (zip code 60151), boasting over 9,000 vehicles daily according to IDOT data. The property features convenient wide curb cuts on both state highways, enhancing accessibility. Existing improvements include a 28' x 30' building, a well, a septic system, and a billboard. This prime location benefits from its proximity to a gas station undergoing significant expansion to include diesel fueling and parking for 36 semi-trucks, effectively creating a mini truck stop. Further development in the immediate area is planned, including a 7,000 sq ft retail space with a drive-thru, an indoor and outdoor storage facility, and an 11,000 sq ft office building. This presents a unique opportunity to capitalize on substantial growth and increased property values. The property is zoned B-1. A boundary and topographic survey is already complete, streamlining the development process. The current owner is open to considering a lease of the existing building or a build-to-suit lease option, offering flexibility for potential buyers or tenants. The asking price for this exceptional property is $439,900. This is a corporate-owned property.

Property profile

Verified
Property type Land
Lot 1.21 ac (52,708 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

44W361 Il-64 Maple Park, IL 60151
Maple Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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