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.
Based on information submitted to the MLS GRID as of 10/19/2024 12:27 AM. 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.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.