917 Green Mill Rd Arcola, IL 61910
- Commercial real estate
- 54,748 SF
- 3.87 lot acres
Current Use by Public Records
- Green Mill Village / Commercial Real Estate Agency
- Green Mill Village Hotel & Suites, BW Signature Collection / Hotel
- Green Mill Village Theatre / Performing Arts Theater
Property Details for 917 Green Mill Rd
- Year built
- 2012
- Lot size
- 3.87 lot acres
- Property size
- 54,748 SF
- Property type
- Commercial real estate
- APN
- 01-14-10-201-01700
- APU
- 1141020101700
Description
Exceptional commercial land opportunity in Arcola, Illinois, presents itself with this offering of multiple lots ranging from 1.46 to 3 acres. Strategically located directly east of Interstate 57 and near Highway 133, this property boasts unparalleled visibility and accessibility. The lots are zoned for commercial use, providing flexibility for a variety of development options. Buyers can choose from land sale, custom build, or build-to-lease arrangements, catering to diverse investment strategies. Highway frontage is available for select lots, maximizing exposure to high traffic volumes. This development is part of the thriving Green Mill Village, already home to established businesses such as a Best Western Plus hotel and a Carriage Crossing Senior Living facility, ensuring a strong existing commercial presence. The southern portion of the property is adjacent to a planned residential development, including the currently under-construction Reserve Arcola multifamily complex, creating a synergistic environment with potential for increased foot traffic and customer base. Adding to the appeal, some lots offer lake frontage, providing a unique and desirable feature. Detailed lot pricing is available upon request. This is a rare chance to secure prime commercial real estate in a growing community with excellent infrastructure and a promising future.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arcola
- County
- Douglas
- State
- Illinois
- Longitude
- -88.2861
- Latitude
- 39.6792