1 Greenwood Acres Drive

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1 Greenwood Acres Drive

DeKalb, IL 60115
Asking Price
$2.75M
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Agricultural land parcel spanning 11.37 acres for sale
  • Located at 1 Greenwood Acres Drive in DeKalb
  • Asset offered at an asking price of 2,750,000
  • Strategically positioned within the growing Illinois market area
  • Suitable for agricultural use or long-term development strategies

What's Special

Development of this 11.37-acre agricultural parcel at 1 Greenwood Acres Drive presents a strategic opportunity for investors and land developers in DeKalb, Illinois. Situated within a growing suburban market that benefits from its proximity to major regional transportation corridors and the robust economic activity associated with Northern Illinois University, this site is well-positioned for future transition. The expansive topography offers flexibility for a variety of agricultural ventures or long-term speculative development strategies as the surrounding community continues to evolve. Land buyers looking to secure a foothold in the 60115 zip code will find this acreage provides a functional canvas for specific commercial or agricultural pursuits. The property maintains favorable access to the broader DeKalb area, making it a viable candidate for those seeking to capitalize on the steady expansion of the local landscape. Its size and location profile support diverse investment objectives, ranging from operational farming to future site integration for regional growth needs.

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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995

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