Binnie & Galligan Gilberts IL Cor Gilberts, IL 60136
This exceptional 120-acre parcel, located at the southeast corner of Binnie and Galligan Roads in Gilberts, Illinois (zip code 60136), presents a unique investment opportunity. The property boasts flexible zoning, designated as Agricultural/Residential, allowing for a variety of development options. With all utilities readily available on-site, this land is primed for immediate development. The asking price is $7,840,800, translating to a land value of $1.50 per square foot. The expansive lot size offers considerable potential for subdivision, catering to diverse development plans. Its strategic location near major retail centers, schools, and key transportation arteries provides excellent accessibility. The property's proximity to the four-way interchange at I-90 tollway and Randall Road further enhances its desirability and potential for high returns. The layout allows for considerable flexibility in curb cuts, facilitating efficient and adaptable development strategies. This is an unparalleled chance to acquire a substantial land holding in a rapidly growing area of Kane County, Illinois. The property's versatility and strategic location make it an ideal investment for both commercial and residential developers seeking a prime location with significant upside potential.
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
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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.