105 & 83 W Main St
- - Zoned B-2 for versatile commercial use
- - Prime downtown Lake Zurich location
- - Close proximity to the lake
- - TIF district benefits for potential incentives
- - High visibility on W Main St
Property Description
This prime 1-acre property, located in the heart of downtown Lake Zurich, presents a unique opportunity for developers and investors looking to capitalize on the area’s growth. With 262 feet of frontage on Main Street, the site is strategically positioned within the village's Tax Increment Financing (TIF) district, designed to encourage redevelopment and rejuvenation. The zoning classification of B-2 allows for versatile uses, including retail, office, and mixed-use developments. Spanning approximately 47,916 square feet, this property is ready for transformative projects that align with local demand. Utilities such as electric, gas, water, and public sewer are already available on-site, making the lot primed for immediate development. The site supports Lake Zurich’s comprehensive downtown redevelopment plan, which includes improvements to streetscapes, parking, and green spaces, further enhancing its investment appeal. Located just 300 feet from the lake, this property enjoys close proximity to scenic waterfront areas while being ideally situated within the central business district. For investors seeking long-term value and strong returns, this is a rare chance to invest in a high-growth market with substantial upside potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,250,000 |
| Lot Size: | 1.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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