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$ 2,250,000

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105 & 83 W Main ST Lake Zurich, IL 60047

1.1 Acres Lot

UPDATED:

08/18/2024 07:16 PM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11852322

Annual Tax Amount $29,312

Tax Year 2022

Lot Size 1.100 Acres

Lot Dimensions 262X132X77.50X32X170X27X107

Property Description

has been chosen to exclusively market this 1 acre of land located in Downtown Lake Zurich, IL. The property is in the TIF district. Frontage on Main St is 262 feet and overall dimensions are 262x132x77.50x32x170x27x107. Info on TIF: The site can be used for new retail, commercial, and residential development, and off-street parking. The TIF is located within the downtown redevelopment area of the Village. The TIF District is also designed to re-establish the downtown as a vibrant, mixed-use area. It will strengthen the economic well-being and quality of life in the downtown by providing resources for redevelopment. Additionally, it provides resources for additional parking, streetscaping and landscaping to create a distinct area and to link its diverse land uses. The TIF also facilitates the improvement and expansion of existing public facilities, such as parks and parking.

Location

State IL

County Lake

Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove

Zoning COMMR

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electric to Site, Gas to Site, Water to Site

Waterfront true

Building

Dwelling Type Land

Schools

School District 95 , 95, 95

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Paul Proano • Coldwell Banker Commercial NRT

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