0 Rte 56 & Galena BlvdSugar Grove, IL 60554

For Sale
$3,106,600

Prime 44-acre development site in Illinois.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 44.38-acre commercial land parcel presents a remarkable investment opportunity in Sugar Grove, Illinois. Strategically located at the intersection of Route 56 and Galena Boulevard (Route 30), this property boasts significant frontage on a major thoroughfare and benefits from convenient access to the Route 56 and Route 30 interchange. It's also situated a mere half-mile east of Route 47 and minutes south of the I-88 East/West Tollway, ensuring excellent connectivity and high visibility. The property is zoned R-2 PUD & B-3 PUD, making it ideally suited for a variety of development projects, including office spaces, retail establishments, and high-density residential complexes. With its expansive size and prime location, this land offers substantial potential for significant returns. The 2022 property taxes totaled $2,089.02. The asking price is $3,106,600, translating to $70,000 per acre. The APN is 14-14-300-019, and the ownership structure is a partnership. This is a rare opportunity to acquire a large, well-located parcel in a thriving area. Don't miss out on this chance to capitalize on the exceptional potential of this prime commercial land.

Highlights

  • $3,106,600 asking price for 44.38 acres of commercial land.
  • Located at Route 56 & Galena Blvd, Sugar Grove, IL 60554 (APN 14-14-300-019).
  • Excellent visibility and access via Route 56 and Route 30 interchange, near Route 47 and I-88.
  • R-2 PUD & B-3 PUD zoning, suitable for office, retail, and high-density residential development.
  • $70,000/acre land value; 2022 taxes: $2,089.02.
  • Partnership ownership.

Property Details for 0 Rte 56 & Galena Blvd

Property type
Other land, Land
Lot Size (sq. ft)
1,933,193 SF

Location Insight

City
Sugar Grove
County
Kane
State
Illinois
Latitude
41.7703437
Longitude
-88.4214338
Rte 56 & Galena Blvd, Sugar Grove, Illinois

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0 Rte 56 & Galena Blvd
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