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Property profile & analytics
OFF-MARKET
Commercial real estate

8970 Millbrook Rd Newark, IL 60541

38 ac lot
Entity Owned 9-yr Hold
Property ID
US28-2028867
Property summary
AI-generated overview

This exceptional 38-acre property in Newark, Illinois, offers a unique blend of recreational and equestrian opportunities. Located at 8970 Millbrook Rd, Kendall County, IL 60541 (APN: 0415300012, 0415300002), this A-1 zoned land boasts diverse features including 10 acres of wooded trails perfect for exploring, a 13-acre hay field ideal for farming, and a 4-acre front pasture. The remaining acreage encompasses a creek and the footprint of a substantial barn. Equestrian enthusiasts will appreciate the existing infrastructure, which includes a 14-stall barn with upgraded cedar siding and a new insulated metal roof. The barn features a first-floor office, full bath, laundry/kitchenette, and hot and cold wash rack. The interior stalls are 12x12, matted, with turn-out feeders. Exterior stalls have Dutch doors leading to lime paddocks. A 60x150 indoor arena with sand footing and a 100x300 outdoor arena with sand footing and vinyl fencing are also present, along with two round pens. Above the stalls is approximately 2000 square feet of finished space, recently remodeled with a wood-burning fireplace, hickory wood floors, stainless steel appliances, and granite counters. This space is suitable for a weekender or entertaining, but is not currently legally permitted as a residence. The property includes one residential building allocation. The asking price is $1,390,000. Potential buyers should contact Kendall County Building and Zoning for permissible uses. Note that lines on photos are approximate lot lines only.

Property profile
Verified
Property type Commercial real estate
Lot 38 ac (1,655,280 SF)
APN 0415300012, 0415300002
UPID US28-2028867
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
Sun Mountain Investments LLC · 9 yrs held
Sun Mountain Investments LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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