9S208 Il-47 Sugar Grove, IL 60554
- Land
- 76.00 lot acres
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Balloon Store / Candy Store
- Skunk Funk / Clothing Store / Corporate Campus
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 9S208 Il-47
- Lot size
- 76.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sugar Grove
- County
- Kane
- State
- Illinois
- Longitude
- -88.4468
- Latitude
- 41.7338
