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Lots 2-4 Route 14 - Lots 2,3,4 Route 14 1.97 Acres of Commercial Land Offered at $599,832 in Cary, IL 60013

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INVESTMENT HIGHLIGHTS

  • 3 Parcels Commercial Development Land
  • High Traffic & Visibility
  • Potential development incentives from current TIF District.
  • Bank Owned
  • Concept Plans Available

EXECUTIVE SUMMARY

3 PARCELS
BANK OWNED DEVELOPMENT LAND

PRICE REDUCED. Bank owned 1.97 acres commercial development land (3 separate parcels) on Route 14 next to CVS and across from former Burger King and Thornton’s Gas.
Concept plans on file for retail and/or fast food. Dual access points to Route 14 and E Main St. with easy access to traffic light.
Soil report and Phase I/II studies on file. Over 27,600 vpd with 250’ frontage on Route 14 and 139’ on E Main street.
Bank (owner) eager to help finance your project. Potential development incentives from current TIF District.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Taxes $12,022 $6,102.54
Operating Expenses - -
Total Expenses $12,022 $6,102.54

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $12,022
Annual Per AC $6,102.54
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $12,022
Annual Per AC $6,102.54

PROPERTY FACTS

Price $599,832
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Apartment Units - Condo
  • Convenience Store
  • Fast Food
  • General Freestanding
  • Healthcare
  • Neighborhood Center
  • Restaurant
  • Service Station
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 1.97 AC
Zoning B3

1 LOT AVAILABLE

Lot 2,3,4

Price $599,832
Price Per AC $304,483.25
Lot Size 1.97 AC

PRICE REDUCED. Bank owned 1.97 acres commercial development land (3 separate parcels) on Route 14 next to CVS and across from former Burger King and Thornton’s Gas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-18-177-027
  • 20-18-177-026
  • 20-18-177-028
Land Assessment
$142,761
Improvements Assessment
$0
Total Assessment
$142,761
Annual Taxes
$12,022
Tax Year
2024
  • Listing ID: 20362953

  • Date on Market: 7/22/2020

  • Last Updated:

  • Address: Lots 2-4 Route 14, Cary, IL 60013

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