For Sale
$1,093,000

Swc Rte 47 & Harter Rd Sugar Grove, IL 60554

37.72 Acres, $1.09M, I-88 Access

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 37.72-acre commercial and industrial land parcel presents a unique investment opportunity in Sugar Grove, Illinois. Located at the southwest corner of Route 47 and Harter Road, this property boasts a highly desirable location with excellent visibility and accessibility. The asking price is $1,093,000, translating to $29,000 per acre. Currently zoned for agricultural use, the land is strategically positioned within a proposed Tax Increment Financing (TIF) district, offering potential future development incentives. Its proximity to the new I-88 interchange (within 2 miles) ensures convenient access to major transportation arteries, significantly enhancing its logistical appeal for businesses. Furthermore, the property benefits from the availability of sewer and water services directly adjacent to the site. This prime location is also part of a planned business park/corridor, promising future growth and development in the area. The site's position across from Waubonsie Community College provides a strong potential customer base and workforce pool. This substantial acreage offers significant potential for a variety of commercial and industrial developments, making it an attractive proposition for investors and developers seeking a strategic foothold in a rapidly growing area. The combination of location, infrastructure, and future development prospects makes this a compelling investment opportunity.

Highlights

  • Located in a proposed Tax Increment Financing (TIF) district.
  • Two miles from the new I-88 interchange.
  • Sewer and water utilities are available at the site.
  • Located in a planned commercial business park/corridor.
  • Across from Waubonsie Community College.

Property Details for 0 Swc Rte 47 & Harter Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
1,643,083 SF

Location Insight

City
Sugar Grove
County
Kane
State
Illinois
Latitude
41.7936304
Longitude
-88.4616931

FAQs

What type of property is this?
Land - 37.72 Acres, $1.09M, I-88 Access
Where is the land located?
The property is located at Swc Rte 47 & Harter Rd Sugar Grove, IL.
What is the asking price?
The asking price for this property is $1,093,000.
What are key features of this property?
This property features: Located in a proposed Tax Increment Financing (TIF) district.; Two miles from the new I-88 interchange.; Sewer and water utilities are available at the site.
How can I contact the broker?
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0 Swc Rte 47 & Harter Rd
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