5208 Kaylins Way Ringwood, IL 60072
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.