43W407 US 20 Highway Pingree Grove, IL ^$ 889,000

43W407 US 20 Highway

^$ 889,000

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43W407 US 20 Highway

Pingree Grove, IL, 60140

^$ 889,000

Studio Baths0.0

Monthly Estimate*

^$ 5,909

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43W407 US 20 Highway, Pingree Grove, IL 60140 - Image 11

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Studio

Lots and Land for sale in Pingree Grove, IL

for $889,000. The lot size is 1.7.

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.

Lots and Land Active

Price

^$ 889,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 12,361

Style

Commercial,Multi-Family,Retail

Lot Size

1.7

Town/City

Pingree Grove

County/Region

Kane

MLS | Web ID

11717115

Features

General

Heating Propane

Cooling Central Air

Utilities Electric to Site Gas to Site Septic-Private Water to Site Well Private

Possession Closing

Zoning COMMR

Township Rutland

Tax Year 2021

Current Use Commercial Multi-Family Retail

Percent Ownership Fee Simple

County Kane

Property Type Land Land

Possible Use Commercial Multi-Family Single Family Retail Special Use

Status Active

Directions Just West of IL47 and IL72 on Highway 20

City Pingree Grove

High School District 300

MLS Area Hampshire / Pingree Grove

Waterfront Y/N N

Street Name US 20

Tax Annual Amount 12361.2

Additional Parcels Y/N Y

Virtual Tour https://tours.databasedads.com/4411632/43W407-Us-20-Hwy-Pingree-Grove-IL?u=1

Days on Market 402

Standard Status Active

Middle/Junior School District 300

Elementary School District 300

Exterior

Total Parking 0

Lot Dimensions 399X143X360X143

Lot Size Acres 1.7

Road Surface Type Asphalt

Frontage Length 399

Frontage Type US Highway

Interior

Street Suffix Highway

Total Baths 0

* Excluded Features

List By

Coldwell Banker Real Estate Group

Broker

chas.kirkwood@gmail.com

Affordability Calculator

$6,939

Per Month

Monthly Principal & Interest: $5,909
Monthly Property Taxes: $1,030
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Pingree Grove, IL

Average List Price ^$582,000

Percent of Sale Price 35%

About Pingree Grove, IL

7,701 Population

592% Since 2002

^$90,350 Median Income

35.83 Median Age

52% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566863 Elementary School

564936 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2024	$889,000	-1.11%	Price Down
11/2/2023	$899,000	-2.81%	Price Down
8/24/2023	$925,000	-2.63%	Price Down
3/29/2023	$950,000	-4.04%	Price Down
2/11/2023	$989,995		Listed Price

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43W407 US 20 Highway, Pingree Grove, IL, 60140 is a Lots and Land for sale at $889,000 with a lot size of 1.7. 43W407 US 20 Highway is a studio with 0.0 baths. The property's zip code is 60140 which is in Pingree Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/1/2024.

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43W407 US 20 Highway

Lots and Land for sale in Pingree Grove, IL

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