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Property profile & analytics
OFF-MARKET
Land

36W461 Binnie Rd West Dundee, IL 60118

24.11 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 24.11 ac (1,050,188 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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