For Sale
$2,700,000

Nwc State Rte 31 & Willow Ln West Dundee, IL 60118

9 Acres, B-3 Zoning, $2.7M

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 9-acre commercial land parcel, located at the Northwest corner of State Route 31 and Willow Lane in West Dundee, Illinois (60118), presents a remarkable investment opportunity. Zoned B-3 Business Service District, it boasts a Special Use Permit already in place for a 149-unit senior housing development. However, the property's versatile zoning allows for a wide range of potential uses, including residential, retail, and commercial developments. Its strategic location offers easy access to I-90 via Route 31, benefiting from high traffic counts: 27,000 vehicles daily on Route 31 and 12,400 on Route 72. The property includes two PIN numbers: 03-27-131-003 & 03-27-131-004, and the annual property taxes are $53,010. This prime location in Kane County offers significant potential for substantial returns. The asking price is $2,700,000. Further details are available upon request.

Highlights

  • B-3 Business-Service District zoning with a Special Use Permit approved for a 149-unit senior housing development.
  • Versatile zoning allows for residential, retail, and commercial uses, in addition to senior housing.
  • Excellent access to I-90 via Route 31 South.
  • High traffic counts: 27,000 VPD on Route 31 and 12,400 VPD on Route 72.
  • Parcel ID Numbers: 03-27-131-003 & 03-27-131-004.
  • Annual property taxes: $53,010.

Property Details for 0 Nwc State Rte 31 & Willow Ln

Property type
Land
Lot Size (sq. ft)
392,040 SF

Location Insight

City
West Dundee
County
Kane
State
Illinois
Latitude
42.0910301
Longitude
-88.2887873

FAQs

What type of property is this?
Land - 9 Acres, B-3 Zoning, $2.7M
Where is the land located?
The property is located at Nwc State Rte 31 & Willow Ln West Dundee, IL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: B-3 Business-Service District zoning with a Special Use Permit approved for a 149-unit senior housing development.; Versatile zoning allows for residential, retail, and commercial uses, in addition to senior housing.; Excellent access to I-90 via Route 31 South.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Nwc State Rte 31 & Willow Ln
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message