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0 Route 20 - Land For Development 5.63 Acres of Commercial Land Offered at $1,439,000 in Pingree Grove, IL 60140
Investment Highlights
- Approximately 5.63-acre site with 630 feet of frontage on U.S. Route 20.
- High-visibility location in a growing residential and mixed-use area.
- Convenient access to Route 47 with connectivity to greater Kane County and metro Chicago areas.
- Zoned commercial, offering flexibility for multiple development uses.
- Engineering completed; detention available for a fee.
- Positioned within a dynamic corridor supported by continued residential expansion.
Executive Summary
Property Facts
| Price | $1,439,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 5.63 AC |
| Zoning | C - Commercial | ||
| Price | $1,439,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 5.63 AC |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $1,439,000 | Lot Size | 5.63 AC |
| Price Per AC | $255,595.03 |
| Price | $1,439,000 |
| Price Per AC | $255,595.03 |
| Lot Size | 5.63 AC |
Prime development opportunity in rapidly growing Pingree Grove. Multiple PIN numbers assemble for a total of 5.63 acres. High visibility location with 630' of frontage on Highway 20.
Description
This 5.63-acre parcel offers a rare development opportunity along U.S. Route 20 in the fast-growing community of Pingree Grove. Featuring approximately 630 feet of highway frontage, the site boasts exceptional visibility and access for commercial use. The property’s commercial zoning accommodates a range of projects, including retail, service, or convenience-oriented developments supported by nearby residential growth. The lot is positioned adjacent to established neighborhoods and benefits from strong area demographics, including expanding housing and new residential construction within close proximity. Engineering for the site has been completed, and detention can be provided for an additional fee, accelerating development timelines. Located near Route 47, the site ensures strong connectivity to regional thoroughfares and major employment corridors, making it an attractive investment in a rapidly expanding suburban market.
Property Taxes
| Parcel Number | 02-30-300-011 | Improvements Assessment | $0 |
| Land Assessment | $6,434 | Total Assessment | $6,434 |
Property Taxes
Contact the Sale Advisor
0 Route 20 - Land For Development