Binnie & Galligan Gilberts IL CorGilberts, IL 60136

For Sale
$7,840,800

Commercial/Residential Development Opportunity in Kane County, IL

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 120-acre parcel, located at the southeast corner of Binnie and Galligan Roads in Gilberts, Illinois (zip code 60136), presents a unique investment opportunity. The property boasts flexible zoning, designated as Agricultural/Residential, allowing for a variety of development options. With all utilities readily available on-site, this land is primed for immediate development. The asking price is $7,840,800, translating to a land value of $1.50 per square foot. The expansive lot size offers considerable potential for subdivision, catering to diverse development plans. Its strategic location near major retail centers, schools, and key transportation arteries provides excellent accessibility. The property's proximity to the four-way interchange at I-90 tollway and Randall Road further enhances its desirability and potential for high returns. The layout allows for considerable flexibility in curb cuts, facilitating efficient and adaptable development strategies. This is an unparalleled chance to acquire a substantial land holding in a rapidly growing area of Kane County, Illinois. The property's versatility and strategic location make it an ideal investment for both commercial and residential developers seeking a prime location with significant upside potential.

Highlights

  • $7,840,800 asking price.
  • 10-120 acres of land.
  • Commercial and Residential zoning permitted.
  • Agricultural/Residential zoning.
  • $1.50/SF land value.
  • Located at S.E. Corner Binnie & Galligan, Gilberts, IL 60136.

Property Details for Binnie & Galligan Gilberts IL Cor

Property type
Other land, Land
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Gilberts
County
Kane
State
Illinois
Latitude
42.1013645
Longitude
-88.3773462
Binnie & Galligan Gilberts IL Cor, Gilberts, Illinois

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Binnie & Galligan Gilberts IL Cor
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