Technical
Financial
Distress signals
Property profile

0 Us-14 Cary, IL 60013

OFF-MARKET
Land
30 ac lot
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Property summary

AI-generated overview

This exceptional 30-acre property in Cary, Illinois, presents a unique investment opportunity. Strategically located on US Route 14 and the picturesque Fox River, this land offers nearly 12 buildable acres, ideal for residential, commercial, or mixed-use development. The property's prime location ensures high visibility and easy accessibility, while its inclusion in a Tax Increment Financing (TIF) district provides significant financial incentives for development, including potential infrastructure improvements and property tax rebates. Extensive engineering and boring tests have confirmed the buildable acreage. The Fox River adds natural beauty and recreational opportunities, enhancing the property's appeal. Cary's vibrant community, strong growth, and proximity to major transportation routes, including the Metra train line, make this a compelling investment. Priced at $3,000,000, this 30-acre parcel offers substantial potential for return on investment, capitalizing on Cary's expanding population and thriving market. The combination of location, buildable land, and TIF benefits makes this a highly competitive offering. This property is situated near the intersection of Route 14 and Spring Beach Road.

Property profile

Verified
Property type Land
Lot 30 ac (1,306,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-14 Cary, IL 60013
Cary metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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