43W407 Us Highway 20, Pingree Grove, IL 60140

6,194 SF | Vacant | Retail Building | Pingree Grove, IL 60140 | $889,000 ($144/SF)

Asking Price $889,000

Property Type
Retail
Square Feet
6,194 SF
Price / Square Foot
$144

Listing Contacts

Charles Kirkwood
Charles Kirkwood
  • Property Info

Property Overview

This property is comprised of three fully leased commercial buildings on 1.7 acres. The east building is two stories and houses an antique mall on two levels plus a second floor residential apartment. The middle building is industrial/warehouse space and the east building is another retail property. Property has almost 400' of frontage on Route 20 making it suitable for development. Approximately 400 feet of frontage on busy Route 20. All building are leased month to month. Surrounded by new residential construction with side street access to a townhome community to the south. High demand for convenience shopping, pharmacy, retail and more. Price includes PIN#0230400001 PIN#0230400002 and PIN #0230400003. 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.

Property Details

Year Built
1950
Stories
2
Lot Size (sq. ft)
74,052 SF

Highlights

  • Development Potential
  • 400 feet of frontage on Route 20
  • Close to IL Route 47

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