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Investment Highlights

  • High density residential potential
  • Surrounded by desirable retailers
  • Utilities to site

Executive Summary

48.14± AC multifamily development site contiguous to Sycamore and right in the path of progress. All utilities are nearby and accessible. Site is currently zoned AG and is designated as multifamily residential in the Sycamore future land use map which specifies a density between six and ten dwellings per acre. Premium location just off of Dekalb Ave (21,535 VPD) with numerous national retailers in immediate vicinity including a brand new Meijer, Portillos, Menards, Farm and Fleet, Culvers etc.

Attachments

Sale_Brochure

Financial Summary (Actual - 2021)

Annual Annual Per AC
Taxes $1,866 $38.76
Operating Expenses - -
Total Expenses $1,866 $38.76

Financial Summary (Actual - 2021)

Taxes
Annual $1,866
Annual Per AC $38.76
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $1,866
Annual Per AC $38.76

Property Facts Under Contract

Price $1,680,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Planned Unit Development
Total Lot Size 48.14 AC
Zoning AG

1 Lot Available

Lot

Price $1,680,000
Price Per AC $34,898.21
Lot Size 48.14 AC

48.14± AC multifamily development site contiguous to Sycamore and right in the path of progress.

Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 08-01-226-010
  • 05-36-400-003
Land Assessment
$25,909 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$25,909 (2024)
Annual Taxes
$1,866
Tax Year
2021
  • Listing ID: 22605302

  • Date on Market: 3/31/2021

  • Last Updated:

  • Address: 48.14± AC of land on Coltonville Rd., Sycamore, IL 60178

Contact the Sale Advisor

48.14± AC of land on Coltonville Rd.

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