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37W290 Binnie Rd - Binnie Property 8.8 Acres of Commercial Land in Carpentersville, IL 60110
Investment Highlights
- Just west of Randall road
- On-site water feature
- Across the street from Randall Oaks Golf Club
- Close to numerous shopping destinations
- Close proximity to nearby rooftops
Executive Summary
Rare development opportunity just west of the Randall Road corridor in rapidly growing Kane County.
Approximately 8.8 acres of vacant land located on Binnie Road, just west of Randall Road. The property offers an excellent opportunity for residential, multifamily, commercial or mixed-use development, subject to zoning, annexation and municipal approvals.
The site is surrounded by established residential communities and is conveniently located near the Randall Road commercial corridor, Randall Oaks Golf Club, shopping, restaurants and other area amenities.
PROPERTY HIGHLIGHTS
1. ±8.8 acres / ±383,000 SF
2. PIN: 03-18-200-002
3. Excellent Binnie Road frontage
4. Minutes from Randall Road
5. Vacant land — previous structures have been removed
6. On-site pond provides potential opportunity for attractive residential site planning and stormwater integration
7. Utilities reported in the immediate area, including water, sewer, gas and electric
8. Potential annexation opportunities with surrounding municipalities
9. Previous marketing contemplated residential and townhome development
10. Strong surrounding residential and commercial growth
11. Convenient access to Randall Road and the greater Kane County / northwest suburban market
DEVELOPMENT POTENTIAL
The property presents an opportunity for a developer or investor to evaluate a variety of potential uses, including:
Single-Family Residential | Townhomes | Multifamily | Senior/Active Adult | Commercial | Mixed-Use
All potential uses, density, utility availability and development plans are subject to governmental review, zoning, annexation and municipal approvals.
LOCATION
The property is strategically positioned along Binnie Road just west of Randall Road, one of the area's primary north-south commercial corridors.
The surrounding area benefits from established residential neighborhoods, continued development activity and convenient access to shopping, dining, recreation and employment throughout Kane and McHenry Counties.
OFFERING
Price: Contact Ownership
Ownership will consider proposals from developers, builders, investors and users.
Prospective purchasers are encouraged to independently investigate zoning, annexation, utilities, wetlands, floodplain, access and all other development requirements.
37W290 Binnie Road represents a substantial infill development opportunity in an established and growing Randall Road corridor.
Approximately 8.8 acres of vacant land located on Binnie Road, just west of Randall Road. The property offers an excellent opportunity for residential, multifamily, commercial or mixed-use development, subject to zoning, annexation and municipal approvals.
The site is surrounded by established residential communities and is conveniently located near the Randall Road commercial corridor, Randall Oaks Golf Club, shopping, restaurants and other area amenities.
PROPERTY HIGHLIGHTS
1. ±8.8 acres / ±383,000 SF
2. PIN: 03-18-200-002
3. Excellent Binnie Road frontage
4. Minutes from Randall Road
5. Vacant land — previous structures have been removed
6. On-site pond provides potential opportunity for attractive residential site planning and stormwater integration
7. Utilities reported in the immediate area, including water, sewer, gas and electric
8. Potential annexation opportunities with surrounding municipalities
9. Previous marketing contemplated residential and townhome development
10. Strong surrounding residential and commercial growth
11. Convenient access to Randall Road and the greater Kane County / northwest suburban market
DEVELOPMENT POTENTIAL
The property presents an opportunity for a developer or investor to evaluate a variety of potential uses, including:
Single-Family Residential | Townhomes | Multifamily | Senior/Active Adult | Commercial | Mixed-Use
All potential uses, density, utility availability and development plans are subject to governmental review, zoning, annexation and municipal approvals.
LOCATION
The property is strategically positioned along Binnie Road just west of Randall Road, one of the area's primary north-south commercial corridors.
The surrounding area benefits from established residential neighborhoods, continued development activity and convenient access to shopping, dining, recreation and employment throughout Kane and McHenry Counties.
OFFERING
Price: Contact Ownership
Ownership will consider proposals from developers, builders, investors and users.
Prospective purchasers are encouraged to independently investigate zoning, annexation, utilities, wetlands, floodplain, access and all other development requirements.
37W290 Binnie Road represents a substantial infill development opportunity in an established and growing Randall Road corridor.
Property Facts
1 Lot Available
Lot
| Lot Size | 8.80 AC |
| Lot Size | 8.80 AC |
• ±8.8 acres / ±383,000 SF • PIN: 03-18-200-002 • Excellent Binnie Road frontage • Minutes from Randall Road • Vacant land — previous structures have been removed • On-site pond provides potential opportunity for attractive residential site planning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 03-18-200-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $186,485 CAD | Total Assessment | $186,485 CAD |
Property Taxes
Parcel Number
03-18-200-002
Land Assessment
$186,485 CAD
Improvements Assessment
$0 CAD
Total Assessment
$186,485 CAD
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37W290 Binnie Rd - Binnie Property
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