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    Property profile & analytics
    OFF-MARKET
    Commercial land

    717 1st St, Dekalb, IL 60115-2365

    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US28-1832049
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Oleg Gurevich · 2 yrs held
    Oleg Gurevich
    since 2023
    6 recorded transactions
    2023
    2023
    2022
    2022
    2022
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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