173 W Main St - Commercial/Residential Site with Lake Views 1.67 Acres of Residential 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
1 LOT AVAILABLE
Lot
Price | $1,620,000 |
Price Per AC | $967,734.42 |
Lot Size | 1.67 AC |
10 parcels that combined provide a development site of 72920 SF located across from a private lake in a TIF district.
DESCRIPTION
Possible additional access from two adjacent streets.
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) |