43W407 US 20 Highway, Pingree Grove, IL

Retail for Sale - $889,000 - 6,194 Sq. Ft. on 1.7 acres


Agent Info

CHARLES KIRKWOOD
Coldwell Banker Real Estate Group

Property Info

CIMLS#1149167
Location
  43W407 US 20 Highway
  Pingree Grove IL 60140
UpdatedMarch 12th, 2024
TypeRetail
Price$889,000
Building6,194 Sq. Ft.
Land1.7 acres

Property Description

Approximately 400 feet of frontage on busy Route 20. Three commercial buildings, one retail with a residential apartment above, one industrial and another retail building all fully leased month to month. Surrounded by new residential construction with side street access to a townhome community to the south. High demand for convenience shopping, pharmacy, retail and more. Price includes PIN#0230400001 PIN#0230400002 and PIN #0230400003. There is a NEW opportunity for assemblage with an adjacent land parcel to enhance development potential. The combined parcels provide almost three acres to build on with 400' of frontage on Highway 20 and access via Thurnau Road. The adjacent one acre parcel could possibly deliver engineered to satisfy detention requirements. The Village is supportive of commercial development at this location.


Financials


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