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Investment Highlights

  • 600 Feet Of Frontage
  • Located in an Enterprise Zone, offering growth incentives for businesses
  • Zoned General Business (GB) for various development options
  • All Utilities To Site Except Water ( 110 Feet Away )
  • Backs Up To Residential Community With 2,600 Homes
  • Suitable for retail centers, standalone stores, storage facilities, car washes, daycares, and cannabis dispensaries.

Executive Summary

Discover a rare chance to acquire a 4.66-acre corner lot in the thriving community of Poplar Grove, IL. This strategically located site boasts improvements with all utilities in place, except for water service, which is conveniently located just 110 feet away across Route 76.
Zoning & Development Potential: Zoned General Business (GB), this property offers versatile options for development, including:
Retail strip centers
Standalone retail stores
Storage facilities
Car washes
Daycares
Cannabis dispensaries
Strategic Location: Adjacent to a private community with approximately 2,600 residential homes, this site is positioned perfectly to meet the growing needs of local residents. With Poplar Grove’s continued economic expansion and its proximity—only 6 miles from the I-90 expressway—this location is primed for success.
Supportive Business Environment: The Village of Poplar Grove is committed to fostering economic growth, collaborating with neighboring taxing districts and development partners to establish an Enterprise Zone at the intersection of IL-76 and IL-173. This initiative provides businesses with invaluable growth incentives and opportunities.
Seize this exceptional opportunity to invest in a property that not only meets the demands of a burgeoning community but also benefits from robust support for business development. Contact Paul Proano Properties today to explore the potential of this prime lot!

Property Facts

Price $549,722 CAD
Sale Type Investment
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
  • High Vacancy Property
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Bank
  • Tienda de conveniencia
Total Lot Size 4.66 AC
Zoning CG - Zoning Permits for this location: Personal or Professional Service Indoor Retail Sales/Service Indoor Repair Sales/Service

1 Lot Available

Lot 1

Price $549,722 CAD
Price Per AC $117,965.99 CAD
Lot Size 4.66 AC

26-45-3 PT SE NW BEG SE COR LOT 151 CANDLEWIC K LAKE UNIT 1 S 120' E 25' S 15.17' W 3 00.29' N 735.31' E 275.3' TO POB (EX PT FOR R D AS IN 93-5173) 3766 IL ROUTE 76

Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
03-26-180-006
Land Assessment
$109,290 CAD
Improvements Assessment
$0 CAD
Total Assessment
$109,290 CAD
  • Listing ID: 27959304

  • Date on Market: 2023-03-12

  • Last Updated:

  • Address: 13766 Il Route 76, Poplar Grove, IL 61065

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