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Investment Highlights

  • Income producing farmland
  • Currently in Phase II of Route 47 road widening project
  • Located in unincorporated Kane County just south of Sugar Grove city limits
  • Property is in the path of future development with future Route 47 road widening project to 4 traffic lanes
  • Farmette has several outbuildings. Home will be torn down for Route 47 road widening
  • Across the street from Electric Substation

Executive Summary

Located within 5 miles of the following: Waubonsee Community College, Aurora University, Raging Waves Waterpark, Rich Harvest Farms Tournament Golf Course, Stuart Sports Complex, the Aurora Municipal Airport, and Boombah Sporting Goods Corporate Headquarters

Property Facts

Price $3,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Multifamily
  • Master Planned Community
Total Lot Size 80.72 AC

1 Lot Available

Lot

Price $3,800,000
Price Per AC $50,000.00
Lot Size 76.00 AC

Approximately 17,300 vpd on Route 47 pass the site daily. Located 6.5 miles south of new full east-west I-88 and Route 47 interchange. Approximately 6 miles southwest of I-88 and Route 56 interchange.

Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
14-33-100-002
Land Assessment
$81,108
Improvements Assessment
$20,902
Total Assessment
$102,010
  • Listing ID: 33135821

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 9S208 IL Route 47, Sugar Grove, IL 60554

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