This exceptional 11-acre commercial land parcel presents a unique build-to-suit opportunity in the thriving Minooka, Illinois market. Located at 2051 Ridge Road, this property boasts a highly desirable B-2 zoning, permitting a wide range of retail, service, and commercial uses. Situated at the Northwest corner of Ridge Road and Route 6, the site offers unparalleled visibility and accessibility from a major thoroughfare. The property is adjacent to a Jewel-anchored neighborhood shopping center, providing immediate proximity to the only full-service grocery store in the area, ensuring high foot traffic and consumer convenience. The location benefits from the significant residential growth experienced in the Minooka/Channahon trade area, creating a robust and expanding customer base. This strategic location is approximately 55 miles south of Chicago, offering easy access to a larger metropolitan market. The asking price for the entire 11-acre site is $2,400,000. Additionally, a 1-acre outlot is available for $450,000. This presents a compelling investment opportunity for developers seeking to capitalize on the strong growth and prime location of this exceptional property. The property's strategic location and zoning make it ideal for a variety of commercial developments.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$12,566,599
Hospitality
$11,510,938
Educational
$9,576,965
Medical
$9,906,331
Retail
$14,897,501
Location Insight
City
Minooka
County
Grundy
State
Illinois
Latitude
41.4199
Longitude
-88.2722
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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