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222 W Main St 0.93 Acres of Commercial Land in Carpentersville, IL 60110

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INVESTMENT HIGHLIGHTS

  • High-visibility location next to a major intersection, ensuring excellent exposure.
  • Located in a TIF (Tax Increment Financing) district
  • High Traffic Volume: Approximately 29,300 vehicles pass by daily, ensuring excellent visibility and exposure for your development.

EXECUTIVE SUMMARY

- The city is committed to supporting property improvements and is willing to assist in any way possible.
- Highly visible location next to a major intersection, offering excellent exposure.
- Opportunity to demolish the vacant building and rental home, with city assistance available for demolition and creating access points (ingress and egress) to the property.
- Situated across the street from a significant development featuring a high-quality 130-unit apartments ranging from 550-1300 sf.high-rise apartment building.
- Ideal for constructing a Hotel, Car wash, strip mall, or a single large establishment.
**Additional Information:**
- Rough design plans for building a strip center are available (see attached 2D plan).
This prime location presents a fantastic opportunity for development. Contact us today for more details and to schedule a viewing.

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.93 AC

1 LOT AVAILABLE

Lot

Lot Size 0.93 AC

1 AC+/- site for lease or sale at a hard corner signalized intersection Across the street from a planned 130-unit Class A multi-family development Property features signage and utilities on site

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-22-101-013
  • 03-22-101-012
  • 03-22-101-031
Land Assessment
$104,720
Improvements Assessment
$67,784
Total Assessment
$172,504
  • Listing ID: 32133869

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: 222 W Main St, Carpentersville, IL 60110

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