488 Il-116 GERMANTWN HLS, IL 61548
- Land
- 17.60 lot acres
Current Use by Public Records
- Land
Property Details for 488 Il-116
- Lot size
- 17.60 lot acres
- Property type
- Land
Description
This exceptional 17.6-acre parcel, located at 488 IL Route 116 in Germantown Hills, Illinois (zip code 61548), presents a significant development opportunity. The property boasts substantial frontage on the four-lane paved IL Route 116, offering excellent visibility and accessibility. Zoned for commercial use, this land is ideal for a variety of projects, including retail establishments or multifamily/senior housing developments. The property's APN is 08-28-301-043. Public sewer is available. The seller is willing to consider dividing the property, making it suitable for smaller-scale projects as well. This is one of the last remaining large commercial acreage tracts in the area. The location offers significant advantages, including access to a major thoroughfare and the potential for village incentives. This is a rare opportunity to acquire a substantial piece of land in a desirable location with excellent development potential. The property is individually owned. Consider the possibilities this prime location offers for your next commercial venture.
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
- GERMANTWN HLS
- County
- Woodford
- State
- Illinois
- Longitude
- -89.4603
- Latitude
- 40.7679
