917 Green Mill RdArcola, IL 61910

  • Commercial real estate
  • 54,748 SF

Property Details for 917 Green Mill Rd

Year built
2012
Lot size
3.87 AC
Property size (Sq ft)
54,748 SF
Property type
Commercial real estate
APN
01-14-10-201-01700
APU
1141020101700

Description

Exceptional commercial land opportunity in Arcola, Illinois, presents itself with this offering of multiple lots ranging from 1.46 to 3 acres. Strategically located directly east of Interstate 57 and near Highway 133, this property boasts unparalleled visibility and accessibility. The lots are zoned for commercial use, providing flexibility for a variety of development options. Buyers can choose from land sale, custom build, or build-to-lease arrangements, catering to diverse investment strategies. Highway frontage is available for select lots, maximizing exposure to high traffic volumes. This development is part of the thriving Green Mill Village, already home to established businesses such as a Best Western Plus hotel and a Carriage Crossing Senior Living facility, ensuring a strong existing commercial presence. The southern portion of the property is adjacent to a planned residential development, including the currently under-construction Reserve Arcola multifamily complex, creating a synergistic environment with potential for increased foot traffic and customer base. Adding to the appeal, some lots offer lake frontage, providing a unique and desirable feature. Detailed lot pricing is available upon request. This is a rare chance to secure prime commercial real estate in a growing community with excellent infrastructure and a promising future.

Location Insight

City
Arcola
County
Douglas
State
Illinois
Latitude
39.6792
Longitude
-88.2861

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$129,913
$56,187
$1,457,437
$1,513,624
-
$168,561
$4,372,311
$4,540,872

FAQs

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