Rt 2 Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30845165
Property Subtypes: Hospitality, Retail
Gross Land Area: 1.50 Acres
Sale Price: $500,000
Unit Price: $333,333 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2023

Overview / Comments

1.5 acres of Zoned B-3 property at the intersections of Route 2 and I-65. Clean level land for various commercial uses. Additional billboard rental income of $1,800 per year

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-20-25-101-004.000-012
Zoning: B-3
Property Located Between: Just east of I-65 on south side of Route 2
Property Visibility: Excellent
Legal Description: Diversified Acres Lot 2 Ex. Pt. of N.9.43ft. in R/W
Largest Nearby Street: I-65
Traffic/Vehicle Count: 20,579
Highway Access: Access onto US Highway 2
Site Description: Flat level ground
Area Description: Off interstate commercial area

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,668 1,668 10,389
Median Age: 45.13 45.13 38.74
Households: 679 679 3,927
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