Nwc Of Rte 31 & Willow Ln West Dundee, IL 60118
- Retirement homes
- 1 SF
- 9.00 lot acres
Current Use by Public Records
- Retirement homes
Property Details for 0 Nwc Of Rte 31 & Willow Ln
- Lot size
- 9.00 lot acres
- Property size
- 1 SF
- Property type
- Retirement homes
- Property subtype
- Retail properties
Description
This exceptional 9-acre parcel in West Dundee, Illinois, presents a compelling investment opportunity. Located at the highly trafficked intersection of Route 31 and Willow Lane, this property boasts a prime location with easy access to I-90, ensuring high visibility and accessibility. Previously valued at $3,500,000, the current asking price is $1,250,000. The property is zoned B-3 Business Service District, and a Special Use Permit is in place for a 149-unit senior housing development. However, the zoning allows for a variety of uses, including retail, commercial, and residential development, offering significant flexibility for potential buyers. The site's substantial size and strategic location make it ideal for a large-scale project. High traffic counts and excellent highway access contribute to its exceptional commercial potential. This is a rare opportunity to acquire a significant land parcel in a thriving area with a proven track record of development. The property is vacant and ready for immediate development, presenting a unique chance to capitalize on its considerable potential. The Kane County location and 60118 zip code further enhance its desirability.
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
- West Dundee
- County
- Kane
- State
- Illinois
- Longitude
- -88.2888
- Latitude
- 42.091
