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$1,300,000
Est. payment /mo
5.58 Acres Lot
UPDATED:
12/21/2024 08:03 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12258287
Tax Year 2022
Lot Size 5.580 Acres
Lot Dimensions 744 X 551 X 288 X 788 X 275
Property Description
This highly visible and exceptional lot has over 5 acres of land, strategically positioned in a prime location that promises lucrative potential for retail, restaurant, and overall commercial development. Situated in a highly sought-after area, this expansive property offers a blank canvas for entrepreneurs and investors seeking to make their mark in a vibrant and thriving community. Strategic Location: Nestled in an area known for its high footfall and robust economic activity, this property is strategically located to maximize visibility and accessibility. Proximity to major thoroughfares ensures ease of transportation and attracts a steady flow of visitors. Expansive Acreage: Boasting a generous 5.38 acres, this parcel provides ample space for a variety of development options, making it suitable for retail establishments, restaurants, or a mixed-use development that could redefine the local landscape. Versatility for Development: Whether you envision a shopping center, a trendy restaurant hub, or a mixed-use complex, this land caters to diverse development possibilities. The expansive size ensures flexibility in design and functionality. Thriving Community: The surrounding community is vibrant, diverse, and growing, creating a conducive environment for businesses to flourish. Local amenities, a strong consumer base, and a dynamic demographic make this location an ideal choice for investment. Investment Potential: With the continuous growth in the region, this land holds significant investment potential. Entrepreneurs looking to capitalize on a booming market will find this property to be a valuable asset with long-term benefits.
Location
State IL
County Lake
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site
View Y/N true
Schools
School District 70, 70, 128
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Chayanta Spaniol • Chayanta Spaniol
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Rich Ayers
Team Lead | Realtor | License ID: 470112432
Team Lead | Realtor License ID: 470112432