173 W Main St - Lakefront Block A
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173 W Main St - Lakefront Block A
1.97 Acres of Commercial Land Offered at $1,620,000 in Lake Zurich, IL 60047
Investment Highlights
- Ready for development
- TIF assistance
- Lake views
Executive Summary
The site is situated across from the picturesque Lake Zurich, renowned for its breathtaking daily sunsets. This presents an exceptional opportunity for the development of a mixed-use project. The property is strategically located within the Main Street Business District, leading directly into the heart of Lake Zurich. TIF assistance is contingent upon the nature and scope of the proposed development.
Property Facts
Price | $1,620,000 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
Sale Conditions | Redevelopment Project | Total Lot Size | 1.97 AC |
No. Lots | 1 | Parcel Numbers | |
Property Type | Land |
Price | $1,620,000 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 1.97 AC |
Parcel Numbers |
1 Lot Available
Lot
Price | $1,620,000 | Lot Size | 1.97 AC |
Price Per AC | $822,280 |
Price | $1,620,000 |
Price Per AC | $822,280 |
Lot Size | 1.97 AC |
Development Area A - Improved Vacant Land The Village owns 13 parcels that combined provide a development site of 85,819 SF located in a TIF district.
Walk Score ®
Very Walkable (70)
zoning
Zoning Code | B-2, Lake Zurich (https://codelibrary.amlegal.com/codes/lakezurichil/latest/lakezurich_il/0-0-0-14299) |
B-2, Lake Zurich (https://codelibrary.amlegal.com/codes/lakezurichil/latest/lakezurich_il/0-0-0-14299) |
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173 W Main St - Lakefront Block A
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