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43W407 US Highway 20
Pingree Grove, IL 60140

$850,000 USD

General Retail For Sale  •  6,194 SF

Property Details

  • Property Type General Retail
  • Total Building Size 6,194 SF
  • Lot Size 1.7 AC
  • Year Built 1950
0 Transit Score
17 Walk Score

Description

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.

Highlights

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

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