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43W407 US 20 Highway,  Pingree Grove IL, 60140

(Active)
$889,000
|
|
MLS# 11717115
Last Updated: 5/18/2024 1:56 AM
Description for 43W407 US 20 Highway Pingree Grove, IL 60140
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.
Price
$889,000
Kane
11717115
Active
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.
Listing Information
Property Type: Land, Other
1.7 Acres Commercial, Multi-Family, Single Family, Retail
Rutland//
Well
Septic Tank
Commercial, Multi-Family, Retail
Neighborhood
Room Information
Interior Features
Central Air
Propane
Exterior / Lot Features
399X143X360X143
Front - 399
COMMR
Driving Directions
Just West of IL47 and IL72 on Highway 20
Financial Considerations
0230400002
$12,361
Listing Price History

Pingree Grove Real Estate

Pingree Grove is located in Illinois. Pingree Grove, Illinois 60140 has a population of 7,738.

The median household income in Pingree Grove, Illinois 60140 is $94,751. The median household income for the surrounding county is $82,067 compared to the national median of $66,222. The median age of people living in Pingree Grove 60140 is 38 years.

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Courtesy: Coldwell Banker Real Estate Group
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 5/18/2024 1:56 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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