1990 RteMontgomery, IL 60538

For Sale
$789,000
Prime 1.48-acre corner lot, high traffic count, development potential.

Overview

Added:
Feb 3
Days on market:
72
This exceptional 1.48-acre (64,469 square feet) commercial lot sits at the northeast corner of Route 30 and Orchard Road in Montgomery, IL, boasting an average daily traffic count of 60,000 vehicles. Its prime location offers unparalleled visibility and accessibility, just minutes from I-80. The property presents a multitude of development possibilities, including but not limited to a gas station with a drive-through convenience store, residential apartments or condos, a car wash, daycare center, billboard advertising, storage facilities, or office suites. Preliminary plans included an 8,889 square foot convenience store with a Dunkin' Donuts, a 3,600 square foot car wash, a 16-pump gas station, and 24 parking spaces, showcasing the scale of potential projects. This site benefits from its proximity to a major development featuring established businesses such as Starbucks, Chase Bank, Walmart Supercenter, Aldi, Dollar Tree, and various daycare centers and restaurants. The property's high traffic volume and strategic location within a rapidly growing area make it a rare and highly desirable investment opportunity. Two adjacent single-family homes are also available for purchase at $145,000 each. Ground lease options are available upon inquiry. This is the last remaining lot in this high-traffic area.

Property Details for 1990 Rte

Property type
Mixed-use properties
Year Built
1950

Location Insight

City
Montgomery
County
Kane
State
Illinois
Latitude
41.7202
Longitude
-88.28318
1990 Rte, Montgomery, Illinois

FAQs

What type of property is this?
Mixed-use property - Prime 1.48-acre corner lot, high traffic count, development potential.
Where is the mixed-use property located?
The property is located at 1990 Rte Montgomery, IL.
What is the asking price?
The asking price for this property is $789,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1990 Rte
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