For Sale
Property summary
This exceptional 16.6-acre parcel presents a remarkable development opportunity in Aurora, Illinois. Located at 3017 Lundquist Dr, 60503, this property boasts B-2 zoning, allowing for a diverse range of uses. The city is open to considering a Planned Unit Development (PUD) for projects such as assisted living facilities, sports complexes, mixed-use retail, or senior apartments. The land is conveniently situated near Naperville, Oswego, and Plainfield, offering easy access to major transportation routes. The asking price is $4,338,576, translating to a land value of $7 per square foot. Utilities are readily available, with water, gas, electric, and sewer services adjacent to the site. Furthermore, storm water management is already established off-site, simplifying the development process. This property is ideal for investors seeking a high-potential development site in a thriving area. The 5-16 acre parcel offers flexibility for various project scales. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a desirable Illinois location.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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Church
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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