1990 Route 30
Montgomery, IL, 60538 $ 789,000
Baths0.0 Monthly Estimate*
$ 5,511
Studio
for $789,000. This building was built in 1950 on a lot size of 1.5.
Prime Corner in Montgomery, IL - Land for Sale. Unlock major value through development. The site offers countless development opportunity options such as Gas station land for sale with a drive-through convenience store, Residential Apartment or Condo Development, Car Wash, Daycare, Billboard advertisement, Storage, Office Suites, and more. Located at the Northeast corner of RT 30 and Orchard Rd in Montgomery, IL 60538 with an average daily vehicle count of 60,000 vehicles, the site offers incredible opportunities at 1.48 Acres (64,469 square feet). The option to purchase the two adjacent homes is available if needed. Just minutes away from a major I-80 Interstate to the north, it is a rare, phenomenal opportunity to acquire prime commercial real estate in very high traffic in Montgomery IL, a village of Kane and Kendall counties. Originally planned for an 8,889 SF convenience store with a Dunkin Donuts, 3,600 SF car wash, 16 fuel pumps gas station, and 24 parking spaces but with endless other possibilities, the lot is easily turned into a major destination site. Directly across the street from a major development including Starbucks, Chase Bank, Walmart Supercenter, Aldi, Dollar Tree, daycare centers, and other national retail and dining establishments. The attached brochures include a variety of potential project designs but are not limited to other incredible creative development options. Contact us to find out more about this last remaining, high-traffic count opportunity in this rapidly developing area. **Two adjacent single-family homes can be purchased for $145k each. ** Please inquire about 'Ground Lease' options.
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FeaturesGeneralCooling None
Zoning OTHER
Year Built 1950
Electric Other
Tenant Pays Other
Stories 1
Property SubType Mixed Use
Tax Year 2022
Gross Income 0
County Kane
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Retail Special Use Zoning Change Required Other
Status Active
Directions Just north of Rt.30 and Orchard Rd. intersection.
City Montgomery
Total Units 2
MLS Area Montgomery
Lot Size Square Feet 65340
Street Name Route 30
Tax Annual Amount 4632.12
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Days on Market 210
Lease Type Net
Standard Status Active
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ExteriorLot Dimensions 1.48 ACRES
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
vbchicago1@gmail.com;vbchicago1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,511
- Monthly Property Taxes
- $386
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Montgomery, IL
Average List Price $789,000
Percent of Sale Price 0%
About Montgomery, IL 20,183 Population
161% Since 2002
$ 74,988 Median Income
34.94 Median Age
44% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
12/29/2023 | $789,000 | -1.25% | Price Down |
10/31/2023 | $799,000 | -11.12% | Price Down |
9/13/2023 | $899,000 | -30.31% | Price Down |
8/14/2023 | $1,290,000 | -7.19% | Price Down |
6/9/2023 | $1,390,000 | | Listed Price |