0 Nwc Of Rte 31 & Willow LnWest Dundee, IL 60118

For Sale
$1,250,000

9 Acres, High Traffic, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 9-acre parcel in West Dundee, Illinois, presents a compelling investment opportunity. Located at the highly trafficked intersection of Route 31 and Willow Lane, this property boasts a prime location with easy access to I-90, ensuring high visibility and accessibility. Previously valued at $3,500,000, the current asking price is $1,250,000. The property is zoned B-3 Business Service District, and a Special Use Permit is in place for a 149-unit senior housing development. However, the zoning allows for a variety of uses, including retail, commercial, and residential development, offering significant flexibility for potential buyers. The site's substantial size and strategic location make it ideal for a large-scale project. High traffic counts and excellent highway access contribute to its exceptional commercial potential. This is a rare opportunity to acquire a significant land parcel in a thriving area with a proven track record of development. The property is vacant and ready for immediate development, presenting a unique chance to capitalize on its considerable potential. The Kane County location and 60118 zip code further enhance its desirability.

Highlights

  • Previously valued at $3,500,000.
  • Asking price: $1,250,000.
  • B-3 Business Service District zoning.
  • Permitted uses include senior housing, residential, retail, and commercial development.
  • High traffic counts; excellent I-90 access.

Property Details for 0 Nwc Of Rte 31 & Willow Ln

Property type
Retirement homes, Other retail properties
Square Feet
1 SF
Lot Size (sq. ft)
392,040 SF

Location Insight

City
West Dundee
County
Kane
State
Illinois
Latitude
42.0910308
Longitude
-88.2887885
Nwc Of Rte 31 & Willow Ln, West Dundee, Illinois

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0 Nwc Of Rte 31 & Willow Ln
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