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Property profile & analytics
OFF-MARKET
Land

9S208 Il-47 Sugar Grove, IL 60554

76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 76-acre property presents a unique investment opportunity in Kane County, Illinois. Located on Illinois Route 47, it benefits from approximately 17,300 vehicles passing daily, making it ideal for commercial development. The land is currently income-producing farmland and features several outbuildings. The property is situated in the path of significant future development, including the ongoing Phase II widening of Route 47 to four lanes. Note that the existing home will be demolished as part of this road improvement project. Utilities consist of a well and septic system. The location offers unparalleled convenience, being just south of Sugar Grove and within five miles of Waubonsee Community College, Aurora University, Raging Waves Waterpark, Rich Harvest Farms, Stuart Sports Complex, Aurora Municipal Airport, and Boombah Sporting Goods Corporate Headquarters. Furthermore, its proximity to the new I-88 and Route 47 interchange (6.5 miles south) and the I-88 and Route 56 interchange (6 miles southwest) ensures excellent accessibility. Across the street is an electric substation. The asking price for this strategically positioned property is $3,800,000.

Property profile
Verified
Property type Land
Lot 76 ac (3,310,560 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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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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