$ 2,250,000
105 & 83 W Main Street Lake Zurich, IL 60047
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$ 2,250,000
Est. payment | /mo
1.1 Acres Lot
$ 2,250,000
Est. payment | /mo
1.1 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11852322
Annual Tax Amount $29,312
Tax Year 2022
Lot Size 1.100 Acres
Lot Dimensions 262X132X77.50X32X170X27X107
Property Description
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.
Location
State IL
County Lake
Zoning COMMR
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site, Gas to Site, Water to Site
Waterfront true
View Y/N true
Schools
School District 95, 95, 95
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Paul Proano • Coldwell Banker Commercial NRT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "