Pleasant St DeKalb, IL 60115
- Land
- 34.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Pleasant St
- Lot size
- 34.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 34-acre agricultural property in DeKalb, Illinois, presents a compelling investment opportunity. Located just off Peace Road, it boasts unparalleled access to I-88/Peace Road Interchange, a mere 5-minute drive. This prime location is highly desirable for diverse development projects, benefiting from DeKalb's robust economic growth, evidenced by recent expansions of major corporations like Meta, Amazon, Ferrara Candy, Target, and 3M, adding over 500 acres of development. The city's business-friendly environment and openness to various development options further enhance the property's appeal. The land is currently zoned AG, but the city has designated 32 acres as industrial, paving the way for a zoning change. Included is a 2-acre parcel at 730 Enterprise Ave., providing primary access and existing utilities. This flat, open site is adjacent to an industrial park, offering immediate infrastructure advantages. Comparable recent land sales in the area indicate significant value potential, with prices reaching $82,000 to $100,000 per acre. Conduct your own due diligence with the City of DeKalb for comprehensive information and to explore the various development possibilities. The asking price is $1,225,000. This property offers superior investment potential for various projects and developments in a thriving, business-friendly community.
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
- DeKalb
- County
- Dekalb
- State
- Illinois
- Longitude
- -88.7403
- Latitude
- 41.9292
