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43W407 Route 20
Pingree Grove, IL 60140

$889,000 USD

Land For Sale  •  1.7 AC

Property Details

  • Property Type Land
  • Lot Size 1.7 AC
0 Transit Score
17 Walk Score

Description

Attention all commercial investors and developers! 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. Prime location with excellent frontage exposure just west of IL47 and IL20 in Hampshire/Pingree Grove. Surrounded by new residential construction with side street access to town home community to the south. High demand for convenience shopping, pharmacy, retail services. Currently 3 buildings on the property equipped with utilities and business tenants.  Leasing month to month. One apartment on upper level of main building.

Highlights

1.7 Acres Commercial
400 Feet of Frontage on Route 47
Residential Development Adjacent
Rental Income

Public Transportation

Commuter RailDriveWalkDistance
Big Timber Road Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 13 min - 8.1 mi
AirportDriveWalkDistance
Chicago O'Hare International 45 min - 36.8 mi
Charles Kirkwood 630-715-5714 Coldwell Banker
Charles Kirkwood 630-715-5714 Coldwell Banker