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27065 Il-120 - 34 acres, $2.49/sf Volo
34.7 Acres of Commercial Land Offered at $5,444,214 CAD in Volo, IL 60073
INVESTMENT HIGHLIGHTS
- Join Woodmans Market Center Area Development
- Retail, Residential and Medical Development
- Excellent Frontage on RT120 ±27,000 cars/day
- Proposed Uses: Senior Living, Retail/Office, Residential, Multi-Family
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $5,444,214 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 34.70 AC |
| Price | $5,444,214 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 34.70 AC |
1 LOT AVAILABLE
Lot 1
| Price | $5,444,214 CAD | Lot Size | 34.70 AC |
| Price Per AC | $156,893.76 CAD |
| Price | $5,444,214 CAD |
| Price Per AC | $156,893.76 CAD |
| Lot Size | 34.70 AC |
Group Price: $3,763,715.00, $108,466/ac; ($2.49/sf)-Four (4) lots contiguous, totaling 34.7acres; will consider selling separately. Two signalized corners , Rout 9+ acres, high visibility at signalized intersection of Gilmer Rd and RT 120;
DESCRIPTION
34.7 acres of flat to slightly rolling land, a quick walk from major intersection RT12 & 120 totaling over 45k CPD and just east of the new 200k/sf Woodmans Market Center, along with recent outlot development including: BUONA Beef Restaurant, Chipotle Mexican Grill, Starbucks Coffee, Jersey Mikes Subs, Wing Stop, Taco Bell and Dental Care Services, Advocate Medical Center under construction. Total Parcel priced at $2.49/sf, $108,464/acre, $3,763,715. . Nearby Residential Developement along Ellis Dr and newly constructed single family apartments by REDWOOD at Ellis & Gilmer Rd. This is a rapidly growing area within the Village of Volo, Lake County IL.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $10,616 CAD | Total Assessment | $10,616 CAD |
PROPERTY TAXES
ZONING
| Zoning Code | B1 (General Business) |
| B1 (General Business) |
Presented by
27065 Il-120 - 34 acres, $2.49/sf Volo
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