105 & 83 W Main St - Commercial LAND FOR SALE


Lake Zurich, IL 60047 43,560 SF
$2,250,000 USD
312-860-4043
105 & 83 W Main St, Lake Zurich, IL for Sale
$2,250,000 USD
Commercial LAND - FOR SALE
1/24
43,560 SF

105 & 83 W Main St
Lake Zurich, IL 60047


HIGHLIGHTS

  • Located in the TIF
  • Located in Downtown Lake Zurich
  • All Utilities To The Site
  • 180 feet from the Lake and the Promenade
  • Adjacent to 1.62 Acre Village-owned parcel for possible combination and larger redevelopment site.
  • 650 feet from Breezewald Beach and Sunset Pavilion Beer Garden

OVERVIEW

Paul Proano Properties 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.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/ACRE

$2,250,000/AC

PRICE/SF

$52 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1 Acre I TIF Zone I Price Improved

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Apartment Units, Apartment Units - Condo, Hold for Development, Storefront Retail/Residential

LAND ACRES

1 AC

LAND SF

43,560 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

B-2

APN/PARCEL ID

14-20-104-001,14-20-104-002,14-20-104-005

ASK ABOUT THIS PROPERTY

Paul ProanoColdwell Banker Commercial RealtyMore Info
312-860-4043

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Paul ProanoColdwell Banker Commercial RealtyMore Info
312-860-4043

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.