Commercial Land for Sale in Pingree Grove, Illinois
43W407 US 20 Hwy Pingree Grove, IL 60140
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
Location
- Street Address
- 43W407 US 20 Hwy
- County
- Kane County
- Community
- Hampshire / Pingree Grove
- Elevation
- 935 feet
Property details
- Zoning
- COMMR
- MLS Number
- MRED 11717115
- Date Posted
Property taxes
- 2021
- $12,361
Parcels
- 0230400002
Detailed attributes
Listing
- Type
- Land
- Franchise
- Coldwell Banker Real Estate
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 27, 2024 | Price drop | $850,000 | $39,000 -4.4% | MRED |
| Mar 11, 2024 | Price drop | $889,000 | $10,000 -1.1% | MRED |
| Nov 1, 2023 | Price drop | $899,000 | $26,000 -2.8% | MRED |
| Aug 24, 2023 | Price drop | $925,000 | $25,000 -2.6% | MRED |
| Mar 28, 2023 | Price drop | $950,000 | $39,995 -4% | MRED |
| Feb 10, 2023 | New listing | $989,995 | — | MRED |