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700-900 Prairie Ridge - Prairie Ridge Lots-To Develop 0.48 Acres of Commercial Land Offered at $150,000 in Sycamore, IL 60178

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Investment Highlights

  • Final three buildable parcels in the Prairie Ridge subdivision, approved for 12 townhome units
  • Conveniently located near shopping, dining, and major expressways for superior accessibility
  • Established neighborhood setting with nearby schools and community amenities
  • Utilities, including water, gas, and electricity, are already connected to the site for immediate development
  • Strong local housing demand in a low-inventory market creates an excellent absorption outlook

Executive Summary

Seize a rare opportunity to develop the final three parcels within the established Prairie Ridge subdivision in Sycamore, Illinois. These multi-family townhome lots are fully integrated into an existing residential community, offering a prime setting for new construction in a market with strong housing demand. The site is zoned for multi-family use and approved for up to 12 units across three parcels, with utilities already connected, ensuring a streamlined path to development.
Strategically located near major retail centers, dining options, and essential services, the property provides future residents with unmatched convenience. Its proximity to key expressways enhances regional connectivity, making it an attractive choice for commuters seeking a balance between suburban comfort and urban accessibility. The surrounding area boasts a growing population, quality schools, and a vibrant local economy, further supporting long-term investment value.
With previously approved plans and flexible design options, this site is ideal for developers looking to deliver a mix of floor plans, including ranch and two-story layouts, to meet diverse buyer preferences. Whether you are an investor or builder, this is your chance to complete a sought-after community and capitalize on Sycamore’s continued growth.

Property Facts

Price $150,000
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.48 AC
Zoning Multi-Family - Multi-family

1 Lot Available

Lot 700-900

Price $150,000
Price Per AC $312,500.00
Lot Size 0.48 AC

Final three parcels in Prairie Ridge subdivision, approved for 12 townhome units. Utilities on site and ready for construction. Prime location near shopping, dining, and expressways, offering strong demand and excellent investment potential.

Description

Last Three Parcels To Build!! Multi-family town home lots to be built as a part of existing development called Prarie Ridge Of Sycamore! The current development allows for 4 units per lot for a total of 12 units to be built on the 3 parcels. Utilities to the site!! Great location for shopping, restaurants, and expressway! Finish The Dream!

Property Taxes

Property Taxes

Parcel Number
08-01-225-004
Land Assessment
$3,251
Improvements Assessment
$0
Total Assessment
$3,251
  • Listing ID: 25356510

  • Date on Market: 3/30/2022

  • Last Updated:

  • Address: 700-900 Prairie Ridge, Sycamore, IL 60178

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