Description
Priced on a multi-family per unit basis, this strategically located development opportunity is near springhill mall and is an ideal infill site for new higher density residential development or possibly a senior or age-restricted facility. a large 20 +acre dundee park land is adjacent to the west serves as an amazing public amenity to the parcel. the zoning is in the process of being changed from b-2 commercial to multiple family in response to the proactive measures being considered by the village to stabilize and rejuvenate springhill mall. the existing commercial zoning was established long ago and while appropriate then, the changing economics of most regional malls calls for bold changes. many regional malls are adding new multiple family housing projects where retail stores and office buildings once were the norm. to this end, the village is currently updating the comprehensive land plan, and the zoning of this parcel has been changed from commercial b-2 pud to mf, multi-family. the existing tif district supporting the mall is also being updated, and the tif boundary is being recast to include this property. the expanded tif could help with infrastructure improvements such as storm water management, access roads, and utilities. call the listing agents for more details and status.
Property Type
LandCounty
KaneStyle
LandAD ID
42330619
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Property Details
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Property / Lot Details
Lot Information
- Lot Dimensions: 1,026.85 X 1,105.88 X 587.24 X 244.95 X 577 X 192.09 X 368.95 TO POB
- Lot Acres: 19.3
Property Information
- Property Type: Land
- Sub Type: Land
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Listing Information
Listing Price Information
- Original List Price: $2413375
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Taxes / Assessments
Tax Information
- Annual Tax: $747
- Tax Year: 2021
- Parcel Number: 0321251014
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School, Utilities &Location Details
School Information
- Elementary School: Dundee Highlands Elementary Scho
- Junior High School:
- Senior High School:
Utility Information
- Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water to Site
Location Information
- City: West Dundee
- Direction: From Rt. 31 and Huntley Road intersection, head west past Elm Avenue and once you clear the tree line on the south, you'll see the subject 19.307 acres along the south side of Huntley Road, across from Harbor Drive.
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BuyOwner last updated this listing Tue Oct 24 2023
- MLS: MRD11036109
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Midwest Real Estate Data LLC (MRED)
Buyer Agency Compensation: 2.5% - $500
Offer of compensation is made only to participants of the MLS where the listing is filed.
is a Land, with 0 bedrooms which is recently sold, it has 0 sqft, 19 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of West Dundee , in zip code 60118, this Kane County Land are nearby neighborhoods.