105 Main St Wauconda, IL 60084-1809

This exceptional 1-acre parcel presents a unique investment opportunity in the heart of downtown Lake Zurich, Illinois. Located within a Tax Increment Financing (TIF) district, this fee-simple property offers significant potential for mixed-use development, encompassing retail, commercial, and residential uses. The site boasts 262 feet of frontage on Main Street and irregular dimensions (approximately 262x132x77.50x32x170x27x107). The TIF district actively supports redevelopment, aiming to revitalize the downtown area into a vibrant, mixed-use hub. This initiative includes provisions for enhanced parking, streetscaping, landscaping, and improvements to public facilities like parks. The property's strategic location offers convenient access to all utilities and is situated just 180 feet from the lake and promenade, and 650 feet from Breezewald Beach and Sunset Pavilion Beer Garden. An adjacent 1.62-acre village-owned parcel presents a potential opportunity for combination and larger-scale redevelopment. The property's zoning is B-2. Parcel numbers are 14-20-104-001, 14-20-104-002, and 14020-104-005. The asking price is $2,250,000.