Property profile

132 Commercial Dr Yorkville, IL 60560

FOR SALE
Commercial land
Property ID
US28-1134591
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.92-acre commercial and industrial land parcel, located at 132 Commercial Drive in Yorkville, Illinois (zip code 60560), presents a unique investment opportunity. The property, identified by APN numbers 02-17-276-009 and 02-17-276-010, is zoned M-1, allowing for a wide range of industrial uses including trucking, warehousing, distribution centers, and more. The site boasts an impressive 520 feet of frontage, providing excellent accessibility and visibility. Its strategic location offers convenient access to Illinois Route 47, ensuring seamless transportation and logistics. The property is immediately available and situated within the Yorkville Business Center, a rapidly developing area in one of Kendall County's fastest-growing communities. All utilities are readily accessible near the site. The City of Yorkville actively encourages new development and is known for its streamlined approval processes. This makes this property an attractive option for businesses seeking a prime location with ample space and development-friendly regulations. The asking price for this exceptional opportunity is $499,000. Truck parking is also available on-site.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 02-17-276-010
UPID US28-1134591

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

132 Commercial Dr Yorkville, IL 60560
Yorkville metro Census 890401 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2023
Last sale
$245,000
7 recorded transactions
2023
$245,000
2019
Price N/A
2019
$75,000
2019
Price N/A
2019
Price N/A
2008
Price N/A
2002
$76,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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