1480 Villa St, Elgin, IL 60120

This exceptional 1.69-acre commercial/industrial land site presents a compelling investment opportunity in Elgin, Illinois. Located at 1480 E Villa St, this property boasts a hard corner location on Route 20, a major westbound thoroughfare, ensuring high visibility and accessibility. With a daily traffic count of 38,924 vehicles, this site offers unparalleled exposure for potential development. The GI (General Industrial) zoning permits a variety of uses, including retail, office, and industrial options (a full list of permitted uses is available). All utilities are readily available. The property's strategic location places it near established businesses such as Starbucks, Target, Panera Bread, Wendy's, Marshalls, and numerous restaurants, indicating a strong and thriving local economy. The 2021 property taxes were $9,097.48. This site is ideal for developers or investors seeking a high-traffic, well-located parcel in a rapidly growing area of Elgin, a suburb of Chicago. The asking price is $245,000, with a minimum bid of $195,000. This represents a significant opportunity to capitalize on the robust commercial and industrial growth in this desirable location. The property is situated in Cook County, Illinois, zip code 60120.