Pleased to bring to the market a 4.66 acre corner lot property in Poplar Grove, IL. The site has been improved with all utilities except for water service which is 110 feet away across route 76 rd. Being Zoned GB, this potential development site would be an approved location for a retail strip center, single standing retail, storage facility, car wash, day care & Cannabis Dispensary. Backing up to roughly 2,600 residential homes in a private community, the demand is there for development at this location to service the residents needs while Poplar Grove continues to see economic development due to being located only 6 miles from the I-90 expressway. The Village of Poplar Grove has worked diligently with surrounding taxing districts and economic development partners to create an Enterprise Zone at the corridor of IL-76 and IL-173 where business and entrepreneurs have access to economic opportunity and growth incentives. Zoning Permits for this location: Personal or Professional Service Indoor Retail Sales/Service Indoor Repair Sales/Service Public Parks and Open Space Utilities Wireless Communication Facility Indoor Lodging (bed and breakfast) Indoor Lodging (commercial) Daycare Facility Boarding Houses Permitted by Special Use: Public and Private Institutional Outdoor Retail Sales/Service Indoor Entertainment Sales/Service Outdoor Entertainment Sales/Service Vehicle Related Sales and Service Animal Boarding Indoor Lodging (bed and breakfast) Indoor Lodging (commercial) Daycare Facility Boarding Houses Parking Lot (off-site) Self-Service Storage Facilities (mini warehouses) Adult-use Cannabis Dispensing Organization Adult-use Cannabis Transporting Organization or Transporter List of Allowable Accessory Uses: Permitted by Right: Garden/Tool Shed Permitted by Special Use: Private Recreational Facility Cemetery Related Activities Accessory Apartment Private Clubhouse Beer Garden Stadiums/Grandstands Mini WECS Outdoor Storage Accessory to Self-Service Storage Facilities List of Allowable Temporary Uses: Contractor's On-Site Equipment Storage Facility Contractor's Project Office On-site Real Estate Sales Office General Temporary Outdoor Sales Tents for Special Events Temporary Outdoor Food Stands Temporary Outdoor Seating and Services Re-Locatable Building Construction Dumpster
898 days
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32
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Zillow last checked:
Listing updated:
Listed by:
Paul Proano312-860-4043,
Coldwell Banker Commercial NRT
Source: MRED as distributed by MLS GRID,MLS#: 11735879
Facts & features
Interior
Heating
None
Cooling
None
Features
Basement: None
Property
Features
Frontage length: 615
Lot
Size: 4.66 Acres
Dimensions: 615X120X275X736X286
Details
Parcel number: 0326180006
Zoning: COMMR
Special conditions: None
Utilities & green energy
Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected
Community & HOA
Location
Region: Poplar Grove
Financial & listing details
Annual tax amount: $6,879
Date on market: 2/18/2024
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/27/2024
Price change
$395,000-1%
Source: MRED as distributed by MLS GRID #11735879Report a problem
2/18/2024
Listed for sale
$399,000-0.3%
Source: MRED as distributed by MLS GRID #11735879Report a problem
1/10/2024
Listing removed
--
Source: MRED as distributed by MLS GRID #11735879Report a problem
6/7/2023
Listed for sale
$400,000
Source: MRED as distributed by MLS GRID #11735879Report a problem
5/27/2023
Contingent
$400,000
Source: MRED as distributed by MLS GRID #11735879Report a problem
3/12/2023
Listed for sale
$400,000+135.3%
Source: MRED as distributed by MLS GRID #11735879Report a problem
12/23/2022
Sold
$170,000-24.4%
Source: MRED as distributed by MLS GRID #10259395Report a problem
5/3/2022
Price change
$225,000-9.6%
Source: MRED as distributed by MLS GRID #10259395Report a problem
8/12/2021
Listed for sale
$249,000
Source: MRED as distributed by MLS GRID #10259395Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.