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43W407 US Highway 20
Pingree Grove, IL 60140

Hampshire Commercial on Route 20 · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Development Potential
  • Close to IL Route 47
  • 400 feet of frontage on Route 20

PROPERTY FACTS

Property Type
Retail
Building Size
6,194 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.70 AC
Frontage
400’ on US Route 20

ABOUT 43W407 US HIGHWAY 20 , PINGREE GROVE, IL 60140

This property is comprised of three fully leased commercial buildings on 1.7 acres. The east building is two stories and houses an antique mall on two levels plus a second floor residential apartment. The middle building is industrial/warehouse space and the east building is another retail property. Property has almost 400' of frontage on Route 20 making it suitable for development. Approximately 400 feet of frontage on busy Route 20. All building are leased month to month. Surrounded by new residential construction with side street access to a townhome community to the south. High demand for convenience shopping, pharmacy, retail and more. Price includes PIN#0230400001 PIN#0230400002 and PIN #0230400003. There is a NEW opportunity for assemblage with an adjacent land parcel to enhance development potential. The combined parcels provide almost three acres to build on with 400' of frontage on Highway 20 and access via Thurnau Road. The adjacent one acre parcel could possibly deliver engineered to satisfy detention requirements. The Village is supportive of commercial development at this location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-30-400-001
Land Assessment
$29,584
Improvements Assessment
$20,117
Total Assessment
$49,701
  • Listing ID: 14896329

  • Date on Market: 1/17/2019

  • Last Updated:

  • Address: 43W407 US Highway 20, Pingree Grove, IL 60140

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