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    Property profile & analytics

    Rte 45 & Emery Dr Bourbonnais, IL 60914

    • Land
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rte 45 & Emery Dr

    Lot size
    0.65 lot acres
    Property type
    Land

    Description

    This exceptional 0.65-acre commercial land parcel presents a unique investment opportunity in the thriving Bourbonnais, Illinois market. Strategically located on busy Route 45 at Emery Drive, this property boasts a highly desirable hard corner location within a strong commercial corridor. The site is comprised of two parcels, spanning the length of a city block, offering excellent visibility and accessibility for potential businesses. Zoned B-1, the property allows for a wide range of commercial uses, making it suitable for various development projects. Surrounded by a blend of residential and commercial properties, this location benefits from a robust customer base and high traffic volume. The asking price for this prime commercial land is $249,900. Its location in Kankakee County, Illinois, with a zip code of 60914, provides easy access to major transportation routes and amenities. This is an ideal opportunity for developers and investors seeking a high-visibility location with significant growth potential in a bustling commercial area. The property's size and zoning make it a versatile option for a variety of commercial ventures. Don't miss this chance to acquire a valuable piece of commercial real estate in a prime location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bourbonnais
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.8754
    Latitude
    41.1759

    Comparable in this City

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      Us-45

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    Bourbonnais, IL 60914
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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