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    OFF-MARKET
    Land

    72 And French Rd, Hampshire, IL 60140

    33.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 33.3-acre parcel of land is strategically located at the intersection of Rt. 72 and French Road in Hampshire, Illinois, Kane County (zip code 60140). The property boasts significant frontage on Illinois Route 72 (Higgins Road), offering unparalleled visibility and accessibility. Its convenient location provides easy access to the major commuter routes of Route 47/I-90 and US Route 20/I-90 interchanges, ensuring seamless connectivity for businesses and residents alike. Currently zoned for agricultural use (Ag), the property presents a unique opportunity for various development possibilities. The Village of Hampshire's future land use maps designate this area for large-lot residential development, suggesting significant potential for future growth and value appreciation. The property's APN numbers are 01-28-400-008; 01-28-300-010; and 01-28-300-011. The asking price for this expansive land holding is $2,000,000. This prime location and substantial acreage make this an exceptional investment opportunity. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 33.3 ac (1,450,548 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
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    Comparable Approach Comparable
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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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