Description
has been chosen to exclusively market this 1 acre of land located in Downtown Lake Zurich, IL. The property is in the TIF district. Frontage on Main St is 262 feet and overall dimensions are 262x132x77.50x32x170x27x107. Info on TIF: The site can be used for new retail, commercial, and residential development, and off-street parking. The TIF is located within the downtown redevelopment area of the Village. The TIF District is also designed to re-establish the downtown as a vibrant, mixed-use area. It will strengthen the economic well-being and quality of life in the downtown by providing resources for redevelopment. Additionally, it provides resources for additional parking, streetscaping and landscaping to create a distinct area and to link its diverse land uses. The TIF also facilitates the improvement and expansion of existing public facilities, such as parks and parking.
- Listing Courtesy of: Coldwell Banker Commercial NRT
Address
Open on Google Maps- Address 105 & 83 W Main
- City Lake Zurich
- State/county IL
- Zip/Postal Code 60047
- Country Lake
Details
Updated on November 4, 2024 at 12:42 pm- Price: $2,250,000
- Property Type: Land
- Property Status: Active
- Parcel Number: 14201040010000
- Days On Market: 458
- Basement Bath(s): No
- AdditionalParcelsYN: 1
- Living Area: 1.1
- Cumulative Days On Market: 458
- Tax Annual Amount: 2442.67
- Directions: From Route 12 & Route 22 Go East to Old Main Street (Left) Go Past Lake * Building is on South Side of Road
- Township: Ela
- CurrentUse: Commercial,Office,Multi-Family
- FrontageLength: 262
- FrontageType: City Street,Easement,Public Road,Paved
- Utilities: Electric to Site,Gas to Site,Water to Site
- Zoning: COMMR
Overview
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