Address
TBD Pleasant Street, DeKalb, IL
Price
$ 1,225,000
Property Attributes
  • MLS#11958394
  • TypeLand
  • CountyDE KALB
  • CityDeKalb
  • AreaDe Kalb
  • Zip60115
  • StyleAgricultural
  • Taxes$ 7081
  • Price$ 1,225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size34.34 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Note: Dramatic price adjustment on 34 BUILDABLE ACRES worth taking a hard look for Industrial projects. DeKalb is one of the fastest growing areas in Illinois for development. This is easily evidenced by some 500 acres already being developed by Meta, Ferrara Candy Co., Target, 3M, Kraft Heinz, etc. This 34 ACRE site is located just off Peace Rd., DeKalb and offers a straight 5 minute shot directly to the I88 interchange on Peace Rd. which makes the location highly desirable for several types of endeavors. The City of DeKalb is extremely business friendly and very open to various options. The DeKalb Municipal Airport is growing and is just down the road on Pleasant St. I would note that Facebook/Meta paid $82,000 per acre and the purchase price for the 59 acres by Amazon was $101,000 per acre. That is an indication of the land value these corporations are willing to pay. The property is also immediately adjacent to an industrial area on the west side. Currently zoned Agriculture so there is no address assigned yet. It is listed as To Be Determined (TBD). Parcel No. 0824226006 is an area that is 100 x 150 on Pleasant St. for access. However, there is also an excellent access point at 730 Enterprise Ave.The investment potential is superior for several types of projects and developers. It affords an open, flat site in a business friendly community that's very hard to beat. The 2.16 Acres at 730 Enterprise is 210'x448". Parcel No. 0824201017. I was told by the City of DeKalb City Engineer that the 32 acres can be divided. However, I would request you do your due diligence on the subject. C&R's apply on 730 Enterprise. Also located in DeKalb Enterprise Zone for great tax advantages + other value. Utilities located at 730 Enterprise. Highly desireable investment opportunity.

Price History
1/9/2024 Listed $1,450,000
2/12/2024 16% - $1,225,000

General Features

Utilities Electric to Site,Gas to Site,Sanitary Sewer
Possession Closing
Zoning AGRIC
Township DeKalb
Tax Year 2022
Current Use Agricultural
Percent Ownership Fee Simple
County De Kalb
Property Type Land
Possible Use Industrial,Office and Research,Zoning Change Required
Status Active
Directions North on Peace Rd. from I88 or Rt. 38 to Pleasant St. Turn east on Pleasant. Site is adjacent to Enterprise Ave. 730 Enterprise Ave. is also included.
City DeKalb
High School District 438
MLS Area De Kalb
Waterfront Y/N No
Street Name Pleasant
Tax Annual Amount 7081
Additional Parcels Y/N Yes
Days on Market 43
Standard Status Active
Middle/Junior School District 428
Elementary School District 428
Property Type Land

Interior Features

Street Suffix Street

Exterior Features

Lot Dimensions 34.34
Lot Size Acres 34.34
Road Surface Type Asphalt
Frontage Length 210
Frontage Type Public Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60115

Price
AVG $350K
$1.23M
Taxes
AVG $2,596
$7,081
Visits
AVG 95
119
Data Provided by Inside Real Estate®

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