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    OFF-MARKET
    Land

    44W361 Il-64, Maple Park, IL 60151

    1.21 ac lot
    Property ID
    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
    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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