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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.