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Property profile & analytics
OFF-MARKET
Land

0000 Nwc-Áus-Ároute-Á6 & Waters-Áedge Dr Minooka, IL 60447

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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