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Market Loop - Market Loop Land
3.5 Acres of Commercial Land Offered at $495,000 in West Dundee, IL 60118
Investment Highlights
- Great Development Opportunity
- Water & Sewer Utilities to Site
- Village Open to Wide Variety of Possible Commercial and Mixed Use Developments
- 30,000 VPD on Nearby IL-31
- TIF District Funds Available for Qualified Expenses
- Strong Local Demographics
Executive Summary
Property Facts
| Price | $495,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.50 AC |
| Property Type | Land | Cross Streets | Roundabout |
| Price | $495,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.50 AC |
| Cross Streets | Roundabout |
1 Lot Available
Lot
| Price | $495,000 | Lot Size | 3.50 AC |
| Price Per AC | $141,429 |
| Price | $495,000 |
| Price Per AC | $141,429 |
| Lot Size | 3.50 AC |
(7) individual PINs comprising +/- 3.5acres of divisible commercial land currently zoned B-3 in West Dundee's TIF district and situated less than 2 miles North of the I-90/IL-31 exchange
Description
Great development opportunity in West Dundee, IL less than 2 miles North of I-90, (7) PINs comprising +/- 3.5 acres of divisible land in the Village's TIF District, strong local demographics make it a great location for quick-serve restaurant, medical office, mixed-use retail with second story residences, but Village is open to a variety of possible commercial and mixed-use developments as well as potential re-zoning, currently zoned B-3, several current projects are underway throughout the Village of West Dundee making it a favorable community for both businesses and developers alike, TIF funds available for qualified development expenses, water and sewer utilities already to site, full demographic and consumer spending report available upon request, contact Ian Pattison at GC Realty & Development, LLC for more information!
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $13,673 | Total Assessment | $13,673 |
PROPERTY TAXES
zoning
| Zoning Code | B-3 (general business and commercial uses) |
| B-3 (general business and commercial uses) |
Presented by
Market Loop - Market Loop Land
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