822 N Washington St., Naperville, IL
Land for Sale - $640,000 - 0.41 acres
Property Info
CIMLS# | 803817 |
Location 822 N Washington St. Naperville IL 60563 | |
Updated | December 9th, 2016 |
Type | Land |
Price | $640,000 |
Land | 0.41 acres |
Property Description
This property is identified as a redevelopment opportunity by the city of Naperville and has been earmarked for redevelopment in their Ogden Corridor Enhancement Initiative. Conversation with the city indicated a desire for retail, office, multifamily or a mix. The property currently is zoned R2 with a residential home with access from the alley. (2015 RE Taxes 2015 $7,665.52).
Location Description:
.41 acre of land located one building south from the busy intersection of Ogden Ave.(Rt 34) & Washington St. Located on the busy morning traffic side of the street with 100 feet of frontage.
Highlights:
>> Located just off of major intersection
>> 18,000 sq. ft. for redevelopment
>> 100 feet of Washington Street frontage
>> Intersection traffic counts of 34,900 vpd & 16,000 vpd (IDOT 2012)
>> Redevelopment urged by city plan
>> 5 blocks from Metra train
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Financials
Sales Info:
>> Commision split: 3.0%