2741 W Main St - Illinois Rt. 64 Development

0.9 - 0.91 Acre Commercial Land Lots Offered at $345,000 Per Lot in St Charles, IL 60175

Commercial Land Illinois St Charles 2741 W Main St, St Charles, IL 60175

INVESTMENT HIGHLIGHTS

  • Highly visible, front and center, along Rt 64, a major five lane thoroughfare in heart of a hot commercial and residential developing area

EXECUTIVE SUMMARY

Prime opportunity to develop 2.7 acres (or 1 to 3 consecutive lots) in prestigious St Charles, Il. Located along heavily traveled Rt. 64 & Campton Hills Rd. One of the hottest development areas in tri-cities. Amazing exposure along Rt 64.+- Zoned office research. Permitted uses include med/dental/professional office, hotel, day care, churches, assisted living, banks, & light mfr., but City is open to multi-residential / retail / or mixed uses. Over 36,000 vehicles per day. All utilities at site. This area is booming with new residential and commercial development. Lots of national tenants. Recently opened businesses include the Corporate Reserve Professional Center, Boua Beef, St. Charles Bowl, American Midwest bank, Pizza Hut, Ever Brook Day Care Academy, Cluver's, Mercedes Benz Dealership, Audi Dealership, Firestone Tire Center, and Beef Shack. Joint development with owner possible. Contant Owner & Broker, Lou Morelli, at 630 802 6805.

ATTACHMENTS

Survey
Legal Description
Neighborhood Analysis
Tax docs
Residence Survey
Plat map

PROPERTY FACTS

Price $345,000 - $1,035,000
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Apartment Units - Condo
  • Restaurant
  • Retail Warehouse
Total Lot Size 2.71 AC

3 LOTS AVAILABLE

Lot 1

Price $345,000
Price Per AC $383,333.33
Lot Size 0.90 AC

Lot 1 of 3. 2741 W Main Street, St. Charles, Il. Flat and level 100 ft of frontage on Rt 64. Improved with single family home rented at $2100.00 per month. 120 day tenant kick out clause.

Lot 2

Price $345,000
Price Per AC $383,333.33
Lot Size 0.90 AC

Lot 2 of 3. 37W474 Rt. 64, St. Charles, Il. St. Charles, Il. Flat and level wood vacant lot w 100 feet of frontage along Rt. 64.

Lot 3

Price $345,000
Price Per AC $379,120.88
Lot Size 0.91 AC

Lot 3 of 3. 37W491 Rt. 64, St. Charles, Il. Wooded vacant lot with 100 feet of frontage along RT 64. Land starts flat with a slight upward slope running east to west.

DESCRIPTION

4 lots ready for commercial development. Awesome 1/4 mile visibility along RT 64, a major 5 lane throughfare. lots have single family home providing rental income until ready to develop. Lease terminable upon 4 months notice to tenants. Topography running east to west is flat and level with a gradual gentle slope as you move west and partially wooded.

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2741 W Main St, St Charles, IL - AERIAL map view

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-29-400-109
  • 09-29-400-110
 Improvements Assessment $0
Land Assessment $201,550 Total Assessment $201,550

ZONING

Zoning Code OR (Office/Research. The Comp Plan future land designation use for this area is Neighborhood Commercial, which is intended for smaller scale businesses.)

CONTACT

  • Louis Morelli
    Louis Morelli
  • Morelli Realty

  • Listing ID: 22681564

  • Date on Market: 4/8/2021

  • Last Updated:

  • Address: 2741 W Main St, St Charles, IL 60175

More public record information on 2741 W Main St, St Charles, IL 60175

The Land Property at 2741 W Main St, St Charles, IL 60175 is currently available for sale. Contact Morelli Realty for more information.

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