1.7 Acres of Commercial Land for Sale in Pingree Grove, Illinois

43W407 US 20 Hwy, Pingree Grove, IL 60140

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$889,000
1.7 acres
Active sale$10k dropEst $9,368/mo

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.

Directions

Just West of IL47 and IL72 on Highway 20

Property details

Community
Hampshire / Pingree Grove
Zoning
COMMR
Elevation
935 feet
MLS Number
MRED 11717115
Date Listed

Parcels

  • 0230400002

Property taxes

2021
$12,361

Resources

This 1.7-acre property is located at 43W407 US 20 Hwy in Pingree Grove, IL 60140. The property is currently available for sale for $889,000 with a price per acre of $522,941. Listing data is sourced from Midwest Real Estate Data # 11717115.

Verify sale details at the property source or contact Coldwell Banker Real Estate Group at (815) 553-2406.

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Listing checked and updated . Parcel data by Regrid.

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