0000 Nwc-Áus-Ároute-Á6 & Waters-Áedge Dr Minooka, IL 60447
This exceptional 1.56-acre parcel presents a remarkable investment opportunity in Minooka, Illinois. Located at the Northwest corner of US Route 6 and Waters Edge Drive, this property boasts unparalleled visibility due to its prime location at a fully lighted intersection. The site is zoned B-1, offering flexibility for various commercial uses. Utilities are readily available, making it pad-ready for immediate development. Off-site detention is already in place, simplifying the development process. This land benefits from excellent exposure on US Route 6, a major thoroughfare. The surrounding area is experiencing significant residential growth, making this an ideal location for businesses catering to a growing population. The Ridge Road Corridor, a thriving hub for residential development in the Chicagoland area, is nearby. Minooka's strategic location on Interstate 80, known as the "Crossroads of the United States," and its proximity to Interstate 55 via the I-80 & Ridge Road interchange (just 3 miles west) provide exceptional access to major transportation routes. The property is situated conveniently near established businesses, including Heritage Woods and Jewel, further enhancing its appeal. The asking price is $509,652. The property is in Grundy County, within the highly-rated School District 201, and the annual property taxes are $34.56. This is a rare opportunity to acquire a strategically located, fully prepared site in a rapidly developing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.