Cor Binnie Rd. And Galligan Rd Gilberts, IL 60118
- Land
- 180.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cor Binnie Rd. And Galligan Rd
- Lot size
- 180.00 lot acres
- Property type
- Land
Description
This exceptional 180-acre parcel presents a unique investment opportunity in the thriving Gilberts, Illinois market. Located at the northeast corner of Binnie Road and Galligan Road, this property boasts a highly desirable Agricultural/Residential zoning designation, offering considerable flexibility for development. The asking price is $7,840,800, translating to a land value of $1 per square foot. Utilities are already available on-site, significantly reducing infrastructure costs and expediting the development process. The expansive lot size allows for a variety of development scenarios, including potential subdivision for residential or commercial use, or a large-scale commercial project. The property's layout features adaptable curb cuts, further enhancing its development potential. Its strategic location provides excellent access to key amenities and transportation networks. Nearby conveniences include shopping centers, schools, major roadways, and the crucial 4-way interchange at the I-90 tollway and Randall Road, ensuring high visibility and convenient access for future occupants or businesses. This property represents a rare opportunity to acquire a substantial land holding in a rapidly growing area with significant upside potential. The combination of size, zoning, location, and existing utilities makes this an exceptional investment for discerning buyers seeking a prime development site in Kane County, Illinois. The zip code is 60118.
Value Estimation
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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
- -88.3742
- Latitude
- 42.1178
