Current Use by Public Records
- Land
Property Details for Binnie & Galligan Gilberts IL Cor
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gilberts
- County
- Kane
- State
- Illinois
- Longitude
- -88.3773
- Latitude
- 42.1014
