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105 & 83 W Main Street Lake Zurich, IL $ 2,300,000
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$ 2,300,000 Get more info
105 & 83 W Main Street
$ 2,300,000
Back to search
Share Save

105 & 83 W Main Street

Lake Zurich, IL, 60047
$ 2,300,000
Baths0.0

Monthly Estimate*

$ 16,066

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Studio

Lots and Land for sale in Lake Zurich, IL

for $2,300,000. The lot size is 1.1.

has been chosen to exclusively market this 1 acre of land located in Downtown Lake Zurich, IL. The property is in the TIF district. Frontage on Main St is 262 feet and overall dimensions are 262x132x77.50x32x170x27x107. Info on TIF: The site can be used for new retail, commercial, and residential development, and off-street parking. The TIF is located within the downtown redevelopment area of the Village. The TIF District is also designed to re-establish the downtown as a vibrant, mixed-use area. It will strengthen the economic well-being and quality of life in the downtown by providing resources for redevelopment. Additionally, it provides resources for additional parking, streetscaping and landscaping to create a distinct area and to link its diverse land uses. The TIF also facilitates the improvement and expansion of existing public facilities, such as parks and parking.

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Lots and Land Active

Price

$ 2,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 29,312

Style

Commercial,Office,Multi-Family

Lot Size

1.1

Town/City

Lake Zurich

County/Region

Lake

MLS | Web ID

11852322
Features
General
Utilities Electric to Site Gas to Site Water to Site
Possession Closing
Zoning COMMR
Township Ela
Tax Year 2022
Current Use Commercial Office Multi-Family
Percent Ownership Fee Simple
County Lake
Property Type Land Land
Possible Use Commercial Conditional Use Office and Research Multi-Family
Status Active
Directions From Route 12 & Route 22 Go East to Old Main Street (Left) Go Past Lake * Building is on South Side of Road
City Lake Zurich
High School District 95
MLS Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Waterfront Y/N Y
Street Name Main
Tax Annual Amount 29312
Additional Parcels Y/N Y
Days on Market 12
Standard Status Active
Middle/Junior School District 95
Elementary School District 95
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Exterior
Total Parking 0
Lot Dimensions 262X132X77.50X32X170X27X107
Lot Size Acres 1.1
Road Surface Type Asphalt
Frontage Length 262
Frontage Type City Street Easement Public Road Paved
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Interior
Street Suffix Street
Laundry Features None
Total Baths 0
Basement None
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* Excluded Features
List By
Coldwell Banker Commercial Nrt

Broker

pproano@cbcnrt.com; paul@paulproanoproperties.com

Email

Affordability Calculator

$18,509
Per Month
87%
13%
0%
Monthly Principal & Interest
$16,066
Monthly Property Taxes
$2,443
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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566285 Elementary School
565373 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/5/2023$2,300,000 Listed Price

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105 & 83 W Main Street, Lake Zurich, IL, 60047 is a Lots and Land for sale at $2,300,000 with a lot size of 1.1. 105 & 83 W Main Street is a studio with 0.0 baths. The property's zip code is 60047 which is in Lake Zurich, IL

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