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101 E Main Street Lake Zurich, IL 60047 Commercial - Retail New

New - 26 Hours Ago
  • 101 E Main Street , Lake Zurich, IL 60047 Main Photo

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Description

For sale, 24,900 SQ FT Development site in Historic Lake Zurich, once in a generation opportunity! Rarely available in this great location! Right Near the corner of Main Street (7,350 VPD) Close to RT 22, and Old Rand Road. Steps from the downtown Lake Zurich shopping district, Ideal Commercial Redevelopment Opportunity! The village of Lake Zurich is amenable to having commercial development on this parcel. Formerly used as a Landscape retail operation, The current ownership was approved for a large brewery and restaurant on this site. Tremendous potential for the right buyer. B-2 ZONING, Lot Dimensions: 408.03X103.07X339.80X78.06, Very large private storage parking lot for boats, cars, trucks, trailers, heavy equipment, nice landscaping, use for retail, commercial, vehicle or equipment storage, or you can redevelop, call listing agent for showings, do not bother tenant The building is 5.000 sq ft, 103.07 sq ft of frontage on main, being sold AS IS Condition Do not bother tenant, Call listing broker for showings.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1980

General Information

County: Lake
Listed By:
@properties Commercial 312-337-0200
MRED MLS
$1,800,000
Est. $12,014/mo
New to the Market New
SQUARE FEET5,000 MLS#12693377
STATUSNew PROPERTY TYPECommercial - Retail

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101 E Main Street , Lake Zurich, IL 60047.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,800,000$1,800,000$1,800,000
Down Payment $63,000$0$360,000
Monthly Mortgage Amount $10,739$11,321$8,984
Taxes $2505$2505$2505
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,080$0$0
Monthly Estimated Total $14,849$14,351$12,014

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