Lot A Lenz Road

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Lot A Lenz Road

Elgin, IL 60124
Asking Price
Contact for price
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • The property spans 7.03 acres of rural land.
  • Located on Lenz Road in Elgin, Illinois.
  • Categorized as a farm asset for sale.
  • Situated within the expanding Chicago metropolitan area.
  • Features potential for agricultural or investment usage.

What's Special

This 7.03-acre farm parcel resides on Lot A Lenz Road in Elgin, Illinois. The property offers substantial acreage suited for agricultural production or long-term land holding within the growing Elgin market. As part of the broader Chicago metropolitan area, this region benefits from strong transportation infrastructure and access to diverse regional markets. Its proximity to major transit arteries facilitates efficient logistics for agricultural transport and operations. The site presents a functional footprint for growers or investors looking to establish a presence in a region known for its established rural character and expanding economic footprint. Prospective buyers will find this land well-positioned for traditional farming activities or alternative rural development projects that capitalize on the expansive landscape. The surrounding area remains characterized by a mix of agricultural holdings and increasing commercial activity, ensuring the property serves as a stable asset for various land use applications.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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