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$789,000
Est. payment /mo
UPDATED:
08/17/2024 08:27 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11803985
Year Built 1950
Annual Tax Amount $4,632
Tax Year 2022
Lot Dimensions 1.48 ACRES
Property Description
Prime Corner in Montgomery, IL - Land for Sale. Unlock major value through development. The site offers countless development opportunity options such as Gas station land for sale with a drive-through convenience store, Residential Apartment or Condo Development, Car Wash, Daycare, Billboard advertisement, Storage, Office Suites, and more. Located at the Northeast corner of RT 30 and Orchard Rd in Montgomery, IL 60538 with an average daily vehicle count of 60,000 vehicles, the site offers incredible opportunities at 1.48 Acres (64,469 square feet). The option to purchase the two adjacent homes is available if needed. Just minutes away from a major I-80 Interstate to the north, it is a rare, phenomenal opportunity to acquire prime commercial real estate in very high traffic in Montgomery IL, a village of Kane and Kendall counties. Originally planned for an 8,889 SF convenience store with a Dunkin Donuts, 3,600 SF car wash, 16 fuel pumps gas station, and 24 parking spaces but with endless other possibilities, the lot is easily turned into a major destination site. Directly across the street from a major development including Starbucks, Chase Bank, Walmart Supercenter, Aldi, Dollar Tree, daycare centers, and other national retail and dining establishments. The attached brochures include a variety of potential project designs but are not limited to other incredible creative development options. Contact us to find out more about this last remaining, high-traffic count opportunity in this rapidly developing area. **Two adjacent single-family homes can be purchased for $145k each. ** Please inquire about 'Ground Lease' options.
Location
State IL
County Kane
Zoning OTHER
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Valdir Barion • @properties Christie's International Real Estate
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Rich Ayers
Team Lead | Realtor | License ID: 470112432
Team Lead | Realtor License ID: 470112432