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105 & 83 W Main Street,  Lake Zurich IL, 60047

(Active)
$2,300,000
|
|
MLS# 11852322
Last Updated: 5/18/2024 1:36 AM
Description for 105 & 83 W Main Street Lake Zurich, IL 60047
has been chosen to exclusively market this 1 acre of land located in Downtown Lake Zurich, IL. The property is in the TIF district. Frontage on Main St is 262 feet and overall dimensions are 262x132x77.50x32x170x27x107. Info on TIF: The site can be used for new retail, commercial, and residential development, and off-street parking. The TIF is located within the downtown redevelopment area of the Village. The TIF District is also designed to re-establish the downtown as a vibrant, mixed-use area. It will strengthen the economic well-being and quality of life in the downtown by providing resources for redevelopment. Additionally, it provides resources for additional parking, streetscaping and landscaping to create a distinct area and to link its diverse land uses. The TIF also facilitates the improvement and expansion of existing public facilities, such as parks and parking.
Price
$2,300,000
Lake
11852322
Active
Description
has been chosen to exclusively market this 1 acre of land located in Downtown Lake Zurich, IL. The property is in the TIF district. Frontage on Main St is 262 feet and overall dimensions are 262x132x77.50x32x170x27x107. Info on TIF: The site can be used for new retail, commercial, and residential development, and off-street parking. The TIF is located within the downtown redevelopment area of the Village. The TIF District is also designed to re-establish the downtown as a vibrant, mixed-use area. It will strengthen the economic well-being and quality of life in the downtown by providing resources for redevelopment. Additionally, it provides resources for additional parking, streetscaping and landscaping to create a distinct area and to link its diverse land uses. The TIF also facilitates the improvement and expansion of existing public facilities, such as parks and parking.
Listing Information
Property Type: Land, Other
1.1 Acres Commercial, Conditional Use, Office and Research, Multi-Family
Ela//
Commercial, Office, Multi-Family
Neighborhood
Room Information
Exterior / Lot Features
262X132X77.50X32X170X27X107
COMMR
Driving Directions
From Route 12 & Route 22 Go East to Old Main Street (Left) Go Past Lake * Building is on South Side of Road
Financial Considerations
Fee Simple
14201040010000
$29,312
Listing Price History

Lake Zurich Real Estate

Lake Zurich is located in Illinois. Lake Zurich, Illinois 60047 has a population of 19,642.

The median household income in Lake Zurich, Illinois 60047 is $145,412. The median household income for the surrounding county is $91,525 compared to the national median of $66,222. The median age of people living in Lake Zurich 60047 is 39 years.

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Courtesy: Coldwell Banker Commercial NRT
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/18/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/18/2024 1:36 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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