405 Sycamore RdGenoa, IL 60135

  • Commercial land
  • 1.83 AC

Property Details for 405 Sycamore Rd

Lot size
1.83 AC
Property type
Commercial land
APN
03-29-300-023
APU
329300023

Description

This exceptional 2.64-acre commercial land parcel presents a remarkable opportunity for development in Genoa, Illinois. Conveniently situated on Sycamore Road (Rt. 23), the property boasts easy access and high visibility. Zoned SC-Suburban Commercial within the City of Genoa, this site is ideally suited for a variety of commercial uses. The property includes two parcels, with PINs 03-29-300-023 and 03-30-400-023, and benefits from existing utilities. Access is available from both Sycamore Road and S. Hadsall Street, providing multiple ingress/egress points. The property is located within the DeKalb County Enterprise Zone, potentially offering economic incentives. 2021 taxes (payable 2022) totaled $7,739.44 for one parcel and $4,014.48 for the other. The sale price is subject to offer. This is a truly exceptional opportunity to acquire a well-positioned commercial site in a thriving community. Don't miss out on this chance to build your vision.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,475,009
    Hospitality
    $15,091,020
    Educational
    $12,555,552
    Medical
    $12,987,356
    Retail
    $19,530,858

Location Insight

City
Genoa
County
Dekalb
State
Illinois
Latitude
42.0878
Longitude
-88.6852
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,477
$36,665
-
$36,665
-
$109,995
-
$109,995

FAQs

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