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200 N Peace Rd Rd 8.2 Acres of Commercial Land in Dekalb, IL 60115

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INVESTMENT HIGHLIGHTS

  • City of DeKalb has indicated support for development of the corner for commercial uses
  • Close substantial industrial development occurring on the north and south sides of I-88
  • Signalized interesection
  • Situated on Rte. 38 which is projected to become an increasingly significant connector to the Chicago area suburbs to the east
  • All utilities available to the site
  • Prime Location at the NEC of Peace Rd. and Rte. 38

EXECUTIVE SUMMARY

Introducing a Prime Corner at 200 N. Peace Road in DeKalb, IL, a lucrative commercial development opportunity spanning 1 to 8.2 acres. Nestled at the NEC of Peace Rd. and Rte. 38, this site boasts a signalized intersection, with all utilities readily available. This sought-after location is within proximity to DeKalb Taylor Municipal Airport and less than 1.5 miles from the Peace Rd./I-88 interchange, witnessing high traffic volumes with 15,200 VPD on Peace Road and 9,750 VPD on Rte. 38. The city's favorable stance towards commercial use further enhances the potential for various ventures. With substantial industrial growth nearby, easy access to major highways, and the projected significance of Rte. 38 as a connector to Chicago suburbs, this Prime Corner presents an enticing investment opportunity for ambitious developers. Ideal for diverse commercial purposes, this dynamic property offers a promising future for savvy investors looking to capitalize on its strategic location.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Fast Food
  • Hotel
  • Service Station
Total Lot Size 8.20 AC

1 LOT AVAILABLE

Lot

Lot Size 8.20 AC

+ Located just south of the DeKalb Taylor Municipal Airport + Under 1.5 miles to the Peace Rd./I-88 interchange (31,100 VDP)

  • Listing ID: 34159579

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 200 N Peace Rd Rd, Dekalb, IL 60115

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