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81 S McLean Blvd - South Elgin Professional Center 1.33 Acres of Commercial Land Offered at $199,900 in South Elgin, IL 60177

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INVESTMENT HIGHLIGHTS

  • EXCELLENT LOCATION ADJACENT TO GAIL BORDEN PUBLIC LIBRARY
  • OWNER WILL CONSIDER BUILR TO SUIT
  • WELL ESTABLISHED AND SUCCESFUL CONDOMINIUM COMPLEX
  • 2021 REAL ESTATE TAXES ARE $2,227.00
  • IMMEDIATE NEIGHBORS ARE WALGREENS, CVS PHARMACY, BUTTERS FOODS, AND CHILD CARE.

EXECUTIVE SUMMARY

Ideal location for Medical or Professional use. Immediate neighbors include Walgreens, CVS Pharmacy, Buttera Foods, as well as Gail Borden Public Library. Site is available for sale, with ownership willing to consider a build to suit. Excellent opportunity for investment or immediate use.

PROPERTY FACTS

Price $199,900
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hold For Investment
  • Medical
Total Lot Size 1.33 AC
No. Stories 1
Year Built 2006
Cross Streets Spring
Zoning B-2 - Community Business

1 LOT AVAILABLE

Lot

Price $199,900
Price Per AC $150,300.75
Lot Size 1.33 AC

Last remaining site in a well established Office Condominium Complex. Property consists of 1.33 acre site and includes concrete foundation, (with sewer lines) approved for a 12, 500 square foot future one-story office building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-34-176-037
Land Assessment
$18,213
Improvements Assessment
$47,288
Total Assessment
$65,501
  • Listing ID: 27194293

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: 81 S McLean Blvd, South Elgin, IL 60177

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