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Investment Highlights

  • Excellent Visibility
  • Highly Trafficked
  • Multi-Family or Single Family Redevelopment
  • Prime Location
  • Frontage on Route 34

Executive Summary

Known as a long-time local hang-out and gathering spot, The Ranch in Plano holds a special place in the community — but its future potential is even greater. This 9.5-acre property offers ample space and flexibility for a variety of uses, from single-family homes to multi-family development. With strong visibility, convenient access to major routes, and a growing area with nearby amenities, it presents an excellent opportunity for residential use or redevelopment. Currently income-producing, the site includes a single-family rental and an operating tavern.

Property Facts

Price $1,199,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Auto Dealership
  • Bank
  • Daycare Center
  • Distribution
  • General Freestanding
  • Healthcare
  • Hotel
  • Industrial Live or Work Unit
  • Master Planned Community
  • Medical
  • Motel
  • Neighborhood Center
  • Religious Facility
  • Restaurant
  • Self Storage
  • Single Family Development
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 9.45 AC
Zoning Commercial

1 Lot Available

Lot

Price $1,199,000
Price Per AC $126,878.31
Lot Size 9.45 AC

Known as a long-time local hang-out and gathering spot, The Ranch in Plano holds a special place in the community — but its future potential is even greater. This 9.5-acre property offers ample space and flexibility for a variety of uses.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01-25-100-004
  • 01-24-300-026
Land Assessment
$34,540
Improvements Assessment
$28,226
Total Assessment
$62,766
  • Listing ID: 37387328

  • Date on Market: 8/22/2025

  • Last Updated:

  • Address: 12474 Route 34, Plano, IL 60545

Contact the Sale Advisor

12474 Route 34 - Prime Land - Route 34

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