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    2 Indian Springs Dr Sandwich, IL 60548

    • Land
    • 8.72 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Indian Springs Dr

    Lot size
    8.72 lot acres
    Property type
    Land

    Description

    This 8.72-acre commercial lot, located at Lot 2 Indian Springs Drive in Sandwich, IL (APN 01-30-451-001), is priced at $307,500. Situated on busy Route 34, this property boasts excellent visibility and accessibility. Utilities are already in place. The area is thriving, with nearby national retailers including McDonald's, Dollar General, Ace Hardware, AutoZone, and Ford Motors. Its proximity to Northwestern Medicine Valley Hospital, Lake Holiday, and the Sandwich Fairgrounds further enhances its appeal. The location offers easy access to a large population base; over 50,000 residents live within a 10-mile radius. This property is ideal for various commercial uses, including healthcare facilities, senior housing, or RV/boat sales. An adjacent lot is also available for purchase, totaling 17.66 acres for $495,200. This presents a significant opportunity for larger-scale development. The zip code is 60548.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sandwich
    County
    Kendall
    State
    Illinois
    Longitude
    -88.593
    Latitude
    41.6483

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      VACANT COMMERCIAL LAND • 0.90 Acres
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      8.79 Acres

      Sandwich, IL 60548

      VACANT COMMERCIAL LAND • 8.79 Acres
      Sandwich, IL 60548
      View Details

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    2 Indian Springs Dr
    Sandwich, IL 60548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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