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    OFF-MARKET
    Land

    0 Nwc State Rte 31 & Willow Ln, West Dundee, IL 60118

    9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9-acre commercial land parcel, located at the Northwest corner of State Route 31 and Willow Lane in West Dundee, Illinois (60118), presents a remarkable investment opportunity. Zoned B-3 Business Service District, it boasts a Special Use Permit already in place for a 149-unit senior housing development. However, the property's versatile zoning allows for a wide range of potential uses, including residential, retail, and commercial developments. Its strategic location offers easy access to I-90 via Route 31, benefiting from high traffic counts: 27,000 vehicles daily on Route 31 and 12,400 on Route 72. The property includes two PIN numbers: 03-27-131-003 & 03-27-131-004, and the annual property taxes are $53,010. This prime location in Kane County offers significant potential for substantial returns. The asking price is $2,700,000. Further details are available upon request.

    Property profile
    Verified
    Property type Land
    Lot 9 ac (392,040 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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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