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2150 N US Hwy - Corner Lot 2.8 Acres of Commercial Land Offered at $795,000 in Spring Grove, IL 60081

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INVESTMENT HIGHLIGHTS

  • $6.52 psf

EXECUTIVE SUMMARY

Commercial Land
2.8 AC (six parcels)
6 parcels totaling 2.8 acres located at intersection of Short Street and US-12, the center section of the main road through Spring Grove.
Perfect infill opportunity for a 4-6 unit retail center with a possible out lot.
IDOT reflects 12,000 vehicles per day.
All 6 parcels must be sold together.
Note: Sewer to site, city water main 850’ from site.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $795,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Carwash
  • Convenience Store
  • Restaurant
Total Lot Size 2.80 AC
Zoning B-2 - GENERAL BUSINESS

1 LOT AVAILABLE

Lot

Price $795,000
Price Per AC $283,928.57
Lot Size 2.80 AC

6 parcels totaling 2.8 acres located at intersection of Short Street and US-12, the center section of the main road through Spring Grove.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-25-279-016
  • 04-25-279-019
  • 04-25-279-009
  • 04-25-279-017
  • 04-25-279-018
Land Assessment
$85,049
Improvements Assessment
$0
Total Assessment
$85,049
Annual Taxes
($1)
Tax Year
2024
  • Listing ID: 30706713

  • Date on Market: 1/19/2024

  • Last Updated:

  • Address: 2150 N US Hwy, Spring Grove, IL 60081

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