13766 Il-76 Poplar Grove, IL 61065
- Retail properties
- 200,376 SF
- 4.66 lot acres
Current Use by Public Records
- Retail properties
Property Details for 13766 Il-76
- Lot size
- 4.66 lot acres
- Property size
- 200,376 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 4.66-acre corner lot in Poplar Grove, Illinois, presents a remarkable redevelopment opportunity. Located at 13766 IL-76, this property boasts a General Business (GB) zoning designation, allowing for diverse development options including retail strip centers, standalone stores, storage facilities, car washes, daycares, and cannabis dispensaries. The site features existing improvements and utilities (excluding water, readily accessible 110 feet away across Route 76). With a total square footage of 200,376 and an asking price of $395,000 ($1.97/sq ft), this property offers significant potential. Its strategic location adjacent to a community of approximately 2,600 homes ensures a strong customer base, while its proximity to I-90 (6 miles) provides excellent visibility and accessibility. The property benefits from the Village of Poplar Grove's commitment to economic growth, situated within an Enterprise Zone at the intersection of IL-76 and IL-173, offering substantial business development incentives. The land value is $85,836 per square foot. This multi-tenancy property is classified as Class B and is available under a ground lease. The parcel number is 0326180006. This is a rare chance to capitalize on the thriving Poplar Grove market and its supportive business environment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Poplar Grove
- County
- Boone
- State
- Illinois
- Longitude
- -88.8522
- Latitude
- 42.3516
