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Highlights

  • Signalized corner location at Route 47 and Route 72.
  • Flexible outlot opportunities suitable for retail, restaurant, and service uses.
  • Cross-access connectivity throughout the commercial center.
  • Excellent visibility along two major regional thoroughfares.
  • Proposed grocery anchor planned within the development.
  • Surrounded by expanding residential communities and new housing growth.

LOT Available

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 1.13 AC

Property Overview

Positioned at the signalized southwest corner of Route 47 and Route 72 in Pingree Grove, Illinois, these retail outlots offer a compelling opportunity within one of Chicagoland's rapidly expanding suburban growth corridors. The site benefits from frontage along two major arterial roadways, providing strong visibility and convenient access for customers traveling throughout the surrounding trade area. The property is located near the Cambridge Lakes master-planned community and is surrounded by ongoing residential development that continues to expand the local consumer base. Planned commercial development, including a proposed grocery anchor, is expected to further enhance daily traffic patterns and support a variety of retail, restaurant, automotive, and service-oriented users. Available outlots offer flexibility for a range of development concepts and benefit from cross-connectivity throughout the larger commercial development. The location sits between Elgin and Hampshire, providing access to established residential neighborhoods, expanding rooftops, and regional commuter traffic. Route 47 and Route 72 carry approximately 23,000 and 12,000 vehicles per day, respectively, helping support customer exposure and long-term commercial viability.

Property Facts

Total Space Available 1.13 AC
Property Type Land
Property Subtype Commercial
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 41509542

  • Date on Market: 7/31/2026

  • Last Updated:

  • Address: Route 42 Pingree Grove Outlot 6, Pingree Grove, IL 60140

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