Lot 2 SEC Three Oaks and Georgetown

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Address: Georgetown Dr & Three Oaks Rd, Cary, IL 60013, USA
Chicago & Midwest + Land/Development
Created date: January 30, 2024
Date last updated: November 11, 2026
Price: $869,000Investment Analyzer NEW!

Property Description

COMMERCIAL DEVELOPMENT LAND WITH FRONTAGE ON 3 ROADS 3.3 - 6.67 acres relatively rectangular commercial site with frontage on 3 roads zoned B-2. Signalized intersection on west corner (Three Oaks and Georgetown). Soft corner on east intersection (Three Oaks and Kaper Dr.) All utilities to site, off site detention. Bank owned, graded, sloping and engineered site, now priced to sell. Excellent site for gas station, fast food, restaurant, banquet facility, funeral home, sports complex or medium box retailer. Perhaps mixed use with retail and multi-family. Reduced to $2.99 psf. Seller willing to subdivide. Aldi across the street to the north and new townhome project under construction to the south.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $869,000
Lot Size: 6.67 Acres
Opportunity Zone: No
Property Website Click Here
Address: Lot 2 SEC Three Oaks and Georgetown, Cary, IL 60013, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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