For Sale Commercial Real Estate Listings in East Dundee, Illinois
FOR SALE * $7,750,000 * Land * East Dundee, Illinois * Full Listing
Marcus and Millichap presents a rare opportunity to acquire Chicagoland’s oldest existing amusement park, Santa’s Village. This storied piece of real estate presents investors with a variety of options. A new owner can seek to either re-develop or possibly re-open the park. With over thirty-eight acres of divisible land, the site's potential is endless. Local government is eager to see this property in use again. Consequently, funding for new projects qualify for TIF consideration and business development district incentives. Strategically located within the Kane County portion of the village, this property is attractive to those looking to avoid neighboring Cook County taxes.
Located in East Dundee, Santa’s Village was built in 1959 by Glenn Holland. The Park was the last of three similarly themed locations. Buildings within the park were modeled after images of Santa’s North Pole. From candy cane rides to gingerbread houses, over twenty million visitors enjoyed the park...
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