Property profile

717 1st St Dekalb, IL 60115

OFF-MARKET
Commercial land
Property ID
US28-1832049
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 60115 DeKalb, IL commercial land parcel, located at 717 N 1st Street, presents a unique development opportunity. Priced at $65,000, this property is perfectly situated on a busy thoroughfare, making it highly visible and accessible. Its ideal use includes a car park or storage building, catering to the needs of the surrounding area. The lot's size and zoning (details available upon request) offer considerable flexibility for various commercial ventures. This property offers significant potential for investors seeking a strategic location with high traffic volume. Noteworthy is the possibility of purchasing this land in conjunction with adjacent properties at 711 N 1st Street (Retail/Office) and 725 N 1st Street (Retail/Office with ample parking), creating a larger, more comprehensive development portfolio. Detailed information regarding zoning regulations, utility access, and potential development plans can be provided upon request. This is a rare opportunity to acquire a prime piece of commercial real estate in a thriving DeKalb County location. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 08-14-352-003
UPID US28-1832049

Cap rate & NOI

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

Location

717 1st St Dekalb, IL 60115-2365
Dekalb metro Census 900 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2023
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
2021
Price N/A

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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