36W461 Binnie Rd West Dundee, IL 60118
This exceptional 24.109-acre property located at 36W461 Binnie Road in West Dundee, Illinois, presents a unique investment opportunity. Currently zoned F, this expansive parcel offers significant potential for various uses, making it an ideal candidate for re-zoning. The property's substantial size provides ample space for a wide range of development projects. Situated in Kane County, with a 60118 zip code, the land boasts a convenient location. The coordinates are 42.117318 latitude and -88.324084 longitude. The asking price for this remarkable property is $2,500,000. While currently classified as residential, commercial, and farm land, its zoning and size allow for exploration of diverse development options. Note that there is an existing lease with an expiration date of September 29, 2026, leaving approximately 1.9 years remaining on the lease term. This presents a unique opportunity for future development plans, allowing for strategic planning and execution. The property's versatility and prime location in West Dundee make it a highly attractive investment prospect. Serious inquiries are encouraged to explore the full potential of this exceptional land offering.
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
Similar Nearby for Sale
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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.