717 1st St, Dekalb, IL 60115-2365
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.