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    OFF-MARKET
    Land

    5600 Golden Hawk Rd, Richmond, IL 60071

    7.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.4-acre commercial land parcel presents a remarkable investment opportunity in Richmond, Illinois. Priced at $174,900 for a swift sale, this fee-simple property (APN: 0409202001) boasts a highly desirable location near US Route 12, conveniently situated between Lake Geneva, Wisconsin, and Fox Lake, Illinois. The site is zoned for commercial use and is pad-ready, with readily accessible sewer, water, and utilities. Of the total acreage, 5.56 acres are buildable, providing ample space for a variety of development projects. Envision a large-scale retail center, a modern office complex, a freestanding commercial building with extensive parking, or any other suitable commercial venture. The property's strategic location and infrastructure make it an ideal canvas for a thriving commercial development. A for-sale sign is currently displayed on-site, encouraging a drive-by viewing to fully appreciate its potential. This is a rare chance to acquire a prime commercial land parcel in a high-growth area, poised for significant return on investment. Don't miss this opportunity to secure this exceptional property.

    Property profile
    Verified
    Property type Land
    Lot 7.4 ac (322,344 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
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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