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    OFF-MARKET
    Land

    0 Hunters Dr, Beecher, IL 60401

    3.72 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.72-acre commercial and residential land parcel presents a prime development opportunity in Beecher, Illinois. Located on Route 1 at the entrance to the Hunters Chase Subdivision, this fully improved lot boasts excellent visibility and high traffic counts, ensuring maximum exposure for any future development. The property features existing detention, a significant advantage for streamlined construction. Its strategic location within Beecher's Tax Increment Financing (TIF) District offers potential economic incentives. Zoned B-3, the land allows for a wide range of commercial and residential uses. The lot size is 3.72 acres, with a price per acre of $107,258, totaling an asking price of $399,000. Situated just 30 miles south of Chicago, this property offers easy access to a large and diverse market. The property is offered fee simple and the APN is 2222092010010000. This is an unparalleled chance to capitalize on a highly desirable location and build a thriving business or residential community. Don't miss this exceptional opportunity to acquire a strategically located, fully improved parcel in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 3.72 ac (162,043 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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