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Huntley -1
West Dundee, IL 60118
West Dundee Development Land · Land For Sale · 19.31 AC

Investment Highlights

  • Great infill development opportunity
  • Flexible opportunities
  • Receptive Local Village

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Planned Unit Development
Total Lot Size 19.31 AC
Cross Streets Harbor Drive
Zoning B2 PD

Description

REMARKABLE INFILL DEVELOPMENT OPPORTUNITY LOCATED IN WEST DUNDEE, almost adjacent to Springhill Mall. This 19.307-acre parcel is an ideal infill site for a mixed-use development with neighborhood commercial/retail uses along the Huntley Road frontage and with residential uses of various densities toward the back or south portion of the site. The adjacent land uses include a commercial strip center at Huntley and Tartans Drive; the Huffman park to the west- a 17-20-acre park owned by the Dundee Park District and West Dundee which is improved with soccer fields, tennis courts and a skateboard park; and to the west and south, the residential subdivision called The Hills of Dundee- a neighborhood of single-family homes built 10-20 years ago ranging in value from the low $300,000s to the mid $500,000s. The median price for SF homes in West Dundee is over $300,000 with an exceptionally low 3-month supply of inventory. Regarding physical land features, Huntley Road has recently (2017-18) been improved and widened to 4-lane profile with improved storm water resources such as a redefined swale along Huntley Road and new culverts for better conveyance of storm water. There is also a manmade drainage swale traversing the middle of the property running north to south. Kane County’s GIS website indicates there are no areas of the site located within the floodway, the 100-year or 500-year flood plain, nor are there any jurisdictional wetlands noted. The parcel’s topography is gently undulating, with the high point near the northwest corner at 814 ft. ASL and the low point the southwest corner at 795 ft. ASL. All the expected development utilities are to the site, including gas, electric, sanitary sewer, and municipal water mains. Bring your land developers experienced in mixed-use projects who appreciate well located infill sites. A market-rate apartment project with , possibly age suggested restricted, would also be a great use. Call Mark for additional information.

Property Taxes

Property Taxes

Parcel Number
03-21-251-014
Land Assessment
$10,527
Improvements Assessment
$0
Total Assessment
$10,527
  • Listing ID: 22598318

  • Date on Market: 3/30/2021

  • Last Updated:

  • Address: Huntley -1, West Dundee, IL 60118

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