Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Bethany Rd DeKalb, IL 60115

    • Specialty properties
    • 52.00 lot acres
    For Sale
    View listing
    $10,400,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Bethany Rd

    Lot size
    52.00 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 52-acre parcel, located on Bethany Rd in DeKalb, Illinois (zip code 60115), presents a unique investment opportunity. Offered at $10,400,000 ($200,000 per acre), this expansive property is zoned for a variety of uses, making it highly versatile for developers. The property's location in DeKalb County provides excellent access to transportation networks and a thriving community. While the asking price reflects the entire 52-acre tract, the seller is open to considering smaller acquisitions

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7446
    Latitude
    41.9669

    Comparable in this City

    • Value Estimation by Request

      2050 Lincoln Hwy

      Land
      2050 Lincoln Hwy, DeKalb, IL 60115
      View Details
    • Value Estimation by Request
      5,500 SF

      1200 Malta Rd

      Churches & religious facilities • 5,500 SF
      1200 Malta Rd, DeKalb, IL 60115
      View Details
    • Value Estimation by Request
      13.70 Acres

      7Th St

      Land • 13.70 Acres
      0 7Th St, DeKalb, IL 60115
      View Details
    • Value Estimation by Request
      59.38 Acres

      23 & Barber Greene

      Land • 59.38 Acres
      23 & Barber Greene, DeKalb, IL 60115
      View Details
    • Value Estimation by Request

      117 Clive Dr

      Land
      117 Clive Dr, DeKalb, IL 60115
      View Details
    • Value Estimation by Request
      2.47 Acres

      Greenwood Acres Dr

      Land • 2.47 Acres
      0 Greenwood Acres Dr, DeKalb, IL 60115
      View Details

    Similar Nearby for Sale

    • $10,400,000
      52.00 Acres

      Bethany Center: 52 Acres in DeKalb

      Prime DeKalb County land, exceptional development potential.
      0 Bethany Rd, DeKalb, IL 60115
      View Details
    • $525,000

      DeKalb Commercial Land - $525K

      High-traffic lot, multiple uses possible.
      2050 Lincoln Hwy, DeKalb, IL 60115
      View Details
    • $975,000
      1.84 Acres

      DeKalb Industrial Property For Sale

      Industrial property with heavy industrial zoning near I-88 interchange.
      121 Industrial Dr, Dekalb, IL 60115
      View Details
    • $3,200,000
      59.38 Acres

      DeKalb Commercial Land - 59 Acres

      Prime DeKalb commercial land, ideal for development.
      23 & Barber Greene, DeKalb, IL 60115
      View Details
    • $4,867,200
      101.40 Acres

      Prime DeKalb County Land Investment

      101.4 Acres, Light Industrial Zoning
      0 Tbd Peace Rd, DeKalb, IL 60115
      View Details
    • $269,000
      2.47 Acres

      DeKalb Commercial Land - 2.47 Acres

      Prime DeKalb County commercial land, ideal for development.
      0 Greenwood Acres Dr, DeKalb, IL 60115
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Available Near Interstate 88

      Land available in Schnucks Anchored center near Interstate 88.
      975 S Annie Glidden Rd, Dekalb, IL 60115
      View Details
    • $8 SF/Yr
      21,650 SF

      DeKalb Office Space for Lease

      Prime DeKalb location, flexible lease terms.
      2350 Sycamore Rd, DeKalb, IL 60115
      View Details
    • $16 SF/Yr
      7,735 SF

      Downtown DeKalb Retail Space

      Class A retail/office suites, 1820-5655 sq ft.
      228 4Th St, DeKalb, IL 60115
      View Details
    • $20 SF/Yr
      1,296 SF

      Prime DeKalb Retail/Office Space

      High-traffic location, 1296 sq ft, Class A
      452 Lincoln Hwy, DeKalb, IL 60115
      View Details
    • $9 SF/Yr
      2,519 SF

      DeKalb Office Space: Two Units Available

      Prime DeKalb location, furnished office, flexible lease terms.
      126 4Th St, DeKalb, IL 60115
      View Details
    • Contact for pricing
      96,283 SF

      DeKalb Retail Center Investment

      Prime DeKalb retail space available.
      1680-1730 Sycamore Rd, DeKalb, IL 60115
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Bethany Rd
    DeKalb, IL 60115
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.