SEC of Dundee Rd & Wheeling Road
- Zoned MXT
- Transit-oriented location
- Town Center growth corridor
- High-density mixed-use development
- Planned Unit Development (PUD) eligible
- High visibility with strong traffic counts
- Surrounded by new multifamily and retail development
- Environmental diligence complete
- Illinois EPA No Further Remediation (NFR) letter
- All environmental reports available from seller
- Located in a TIF district with potential financial incentives
Property Description
The Proano Commercial Group is pleased to exclusively offer a prime property located at the SEC of Dundee & Wheeling Road, Wheeling, IL, for prospective Land/Retail investors. Zoned MXT and strategically positioned in the dynamic Chicago area, this site offers a transit-oriented location within a bustling Town Center growth corridor, making it an ideal location for high-density mixed-use development. With eligibility for a Planned Unit Development (PUD), the property provides flexibility for a visionary project. Its high visibility, strong traffic counts, and proximity to new multifamily and retail development enhance its appeal. Additionally, being located in the Wheeling TIF district offers potential financial incentives, further solidifying its investment potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,800,000 |
| Lot Size: | 3.20 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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