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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
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Planned Unit Development
  • Restaurant
Total Lot Size 1.97 AC
Parcel Numbers
Multiple
  • 14-20-105-002
  • 14-20-105-003

1 Lot Available

Lot

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

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)
  • Listing ID: 34004933

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 173 W Main St, Lake Zurich, IL 60047

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