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Property profile & analytics
OFF-MARKET
Land

5208 Kaylins Way Ringwood, IL 60072

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses eighteen individual lots totaling approximately eighteen acres, ideally situated in Ringwood, Illinois's Oakview Estates Subdivision. All lots are zoned R-1, permitting single-family residential construction. The property, conveniently located off Route 31 within the sought-after Johnsburg school district, presents a turnkey development project. Complete engineering and village approvals are already in place, eliminating significant pre-construction hurdles. Utilities are stubbed to each lot, and a seven-inch binder coat has been installed for roadways. This fully engineered subdivision is ready for immediate development, capitalizing on the current high demand for new construction homes due to low housing inventory. The property includes multiple parcels, with addresses ranging from 5208 to 5226 Kaylins Way, and APN 0909126013. The asking price for this entire package is $699,999. This represents a unique chance to acquire a substantial land holding poised for immediate development and significant return on investment.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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