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$ 850,000

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Price Dropped by $39K

43W407 US 20 HWY Pingree Grove, IL 60140

1.7 Acres Lot

UPDATED:

10/03/2024 05:07 AM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11717115

Annual Tax Amount $12,361

Tax Year 2021

Lot Size 1.700 Acres

Lot Dimensions 399X143X360X143

Property Description

Attention all commercial investors and developers! There is a NEW opportunity for assemblage with an adjacent land parcel to enhance development potential. The combined parcels provide almost three acres to build on with 400' of frontage on Highway 20 and access via Thurnau Road. The adjacent one acre parcel could possibly deliver engineered to satisfy detention requirements. The Village is supportive of commercial development at this location. Prime location with excellent frontage exposure just west of IL47 and IL20 in Hampshire/Pingree Grove. Surrounded by new residential construction with side street access to town home community to the south. High demand for convenience shopping, pharmacy, retail services. Currently 3 buildings on the property equipped with utilities and business tenants. Leasing month to month. One apartment on upper level of main building.

Location

State IL

County Kane

Area Hampshire / Pingree Grove

Zoning COMMR

Interior

Heating Propane

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Septic-Private, Water to Site, Well Private

Waterfront false

Building

Dwelling Type Land

Schools

School District 300 , 300, 300

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Charles Kirkwood • Coldwell Banker Real Estate Group

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