Attention all commercial investors and developers!

There is a BRAND PRISTINE opportunity for assemblage with an adjacent land parcel t o enhance development potential. The combined prcels provide almost three acres to build on with 400' of frontage on Highway 20 and access via Thurnau Road. The adjacent one acre parcel could possibly deliver engineered to satisfy detention requirements.

The Village is supportive of commercial development at this location. Prime location with excellent frontage exposure west of IL47 and IL20 in Hampshire/Pingree Grove. Surrounded by new residential construction with side street access to town home community to the south. High demand for convenience shopping, pharmacy, retail services. Currently 3 buildings on the property equipped with utilities and business tenants. Leasing month to month. One apartment on upper level of main building.

Request Information
on 43W407 US 20 Hwy
in Pingree Grove, IL
Presented by Charles Kirkwood at
Geneva.


Property MLS #11717115 from MRED

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bathrooms

Total Bathrooms: 0

+ Appliances

Yes

+ Heating and Cooling

Cooling Features: Central Air
Heating Features: Propane

+ Land Info

Additional Parcels Description: 0230400003, 0230400001
Additional Parcels: Yes
Lot Size Acres: 1.7
Lot Size Dimensions: 399X143X360X143
Lot Size Square Feet: 74052

+ Exterior and Lot Features

Frontage Length: 399
Frontage Type: US Highway
Road Surface Type: Asphalt

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School District: 300
High School District: 300
+ Display Complete School Details

Gary D Wright Elementary School is a public elementary school located approximately 2.8 miles away.
Map directions

Hampshire High School is a public high school located approximately 3 miles away.
Map directions

Hampshire Middle School is a public middle school located approximately 3.7 miles away.
Map directions

St Charles Borromeo Catholic School is a private elementary and middle school located approximately 3.4 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 12361.20
Source Listing Status: Active
County: Kane
Current Use: Commercial, Multi-Family, Retail
Directions: Just West of IL47 and IL72 on Highway 20
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Land
Possible Use: Commercial, Multi-Family, Single Family, Retail, Special Use
Parcel Number: 0230400002
Township: Rutland
Zoning: COMMR
Property Subtype: Land
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-03-11
$889,000
MRED

---

Price Changed 2023-11-02
$899,000
MRED

---

Price Changed 2023-08-24
$925,000
MRED

---

Price Changed 2023-03-29
$950,000
MRED

---

Listed 2023-02-11
$989,995
MRED

---

Listing removed 2023-02-06
$999,995
MRED

---

Relisted 2022-06-12
$999,995
MRED

---

Listing removed 2022-04-21
$1,050,000
MRED

---

Listed 2022-02-03
$1,050,000
MRED

+ Utilities

Electric to Site
Gas to Site
Septic-Private
Water to Site
Well Private