4.6 Acres / Corner Lot, Poplar Grove

  • Featured Property

Details

Price / Square Foot (Land Value) $85,836 / SF

Paul Proano Properties has been exclusively chosen to market this 4.66-acre improved 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

Land is located in the Enterprise Zone

 

Details:

Property Type:  Self Storage, Land, Mixed Use

Tenancy:  Multi

Price/Sq Ft:  $2.00

Lot Size:  4.66 Acres

Lease Type:  NNN

Square Footage:  2,0376

Zoning:  GB

Price/Sq Ft (Land Value):  $85,836/SF

APN:  0326180006

Category

Enterprise Zone, Land

Location

13766 IL - 76
Poplar Grove, Boone County, IL 61065
US
Parcel:03-26-328-025

Financials

Sale Price: $400,000.00

Lease Price: --

Terms:

Sq. Ft.: --

Acres: 4.66 - 4.66

Tax: --

Tax Year: --

Features

Land

In City Limits

Building

Sub-dividable

Expandable

Build To Suit

Shovel-Ready

Industrial Park

Business Park

100-Year Flood Plain

Phase 1 Environmental Audit Complete

Utilities

Electric

Natural Gas

Water

Sewer

High Speed Telecom

Transportation

Nearest Airport: 2 miles

Nearest Highway: 12 miles


Broker Info

Broker / Real Estate Agent

Paul Proano

Coldwell Banker Commercial

312-860-4043

____________________________________________________________________________________________

Economic Development Contact

Pamela Lopes-Fettes

Growth Dimensions

982 Belvidere Road

Belvidere, IL 61008

pfettes@growthdimensions.com

815-547-4252

815-355-2250

 

Posted On: 03-14-2023
Last Updated: - 24 days ago