Address
000 Huntley Road, West Dundee, IL
Price
$ 2,250,000
Property Attributes
- MLS#11036109
- TypeContingent
- CountyKANE
- CityWest Dundee
- AreaDundee - East Dundee - Sleepy Hollow - West Dundee
- Zip60118
- StyleDevelopment
- Taxes$ 747
- Price$ 2,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size19.3 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property 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.
| Elementary School |
|---|
| Dundee Highlands Elementary Scho |
| Price History | |
|---|---|
| 3/29/2021 | Listed $2,413,375 |
| 10/14/2022 | 100% - $15,000 |
General Features
| Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Sewer-Storm Available,Water to Site |
|---|---|
| Possession | Closing |
| Zoning | MULTI |
| Township | Dundee |
| Tax Year | 2021 |
| Current Use | Development |
| Percent Ownership | Fee Simple |
| County | Kane |
| Property Type | Land |
| Contingency | Attorney/Inspection |
| Status | Contingent |
| Directions | 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 |
| City | West Dundee |
| High School District | 300 |
| MLS Area | Dundee / East Dundee / Sleepy Hollow / West Dundee |
| Waterfront Y/N | No |
| Street Name | Huntley |
| Elementary School | Dundee Highlands Elementary Scho |
| Tax Annual Amount | 747 |
| Additional Parcels Y/N | No |
| Virtual Tour | http://www.viewshoot.com/tour/MLS/HuntleyRoad_Carpentersville_IL_539_179921.html |
| Days on Market | 1010 |
| Standard Status | Active Under Contract |
| Middle/Junior School District | 300 |
| Elementary School District | 300 |
| Property Type | Land |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| 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 Size Acres | 19.3 |
| Road Surface Type | Asphalt |
| Frontage Length | 1,026 |
| Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 60118
Price
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 14, 2024 2:18 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 14, 2024 2:18 AM UTC
