Address
1990 Route 30, Montgomery, IL
Price
$ 789,000
Property Attributes
  • MLS#11803985
  • TypeCommercial
  • CountyKANE
  • CityMontgomery
  • AreaMontgomery
  • Zip60538
  • Style
  • Year Built1950
  • Taxes$ 4632
  • Price$ 789,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.5 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Prime Corner in Montgomery, IL - Land for Sale. Unlock major value through development. The site offers countless development opportunity options such as Gas station land for sale with a drive-through convenience store, Residential Apartment or Condo Development, Car Wash, Daycare, Billboard advertisement, Storage, Office Suites, and more. Located at the Northeast corner of RT 30 and Orchard Rd in Montgomery, IL 60538 with an average daily vehicle count of 60,000 vehicles, the site offers incredible opportunities at 1.48 Acres (64,469 square feet). The option to purchase the two adjacent homes is available if needed. Just minutes away from a major I-80 Interstate to the north, it is a rare, phenomenal opportunity to acquire prime commercial real estate in very high traffic in Montgomery IL, a village of Kane and Kendall counties. Originally planned for an 8,889 SF convenience store with a Dunkin Donuts, 3,600 SF car wash, 16 fuel pumps gas station, and 24 parking spaces but with endless other possibilities, the lot is easily turned into a major destination site. Directly across the street from a major development including Starbucks, Chase Bank, Walmart Supercenter, Aldi, Dollar Tree, daycare centers, and other national retail and dining establishments. The attached brochures include a variety of potential project designs but are not limited to other incredible creative development options. Contact us to find out more about this last remaining, high-traffic count opportunity in this rapidly developing area. **Two adjacent single-family homes can be purchased for $145k each. ** Please inquire about 'Ground Lease' options.

Price History
6/9/2023 Listed $1,390,000
8/14/2023 8% - $1,290,000
9/13/2023 31% - $899,000
10/31/2023 12% - $799,000
12/29/2023 2% - $789,000

General Features

Cooling None
Zoning OTHER
Year Built 1950
Electric Other
Tenant Pays Other
Stories 1
Property SubType Mixed Use
Tax Year 2022
County Kane
Property Type Commercial Sale
Possible Use Commercial,Retail,Special Use,Zoning Change Required,Other
Status Active
Directions Just north of Rt.30 and Orchard Rd. intersection.
City Montgomery
Total Units 2
MLS Area Montgomery
Lot Size Square Feet 65340
Street Name Route 30
Tax Annual Amount 4632.12
Additional Parcels Y/N Yes
Days on Market 210
Lease Type Net
Standard Status Active
Property Type Mixed Use

Exterior Features

Lot Dimensions 1.48 ACRES

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 Commercial Average in 60538

Price
AVG $400K
$790K
Taxes
AVG $4,632
$4,632
Visits
AVG 113
157
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1950
Walkscore
AVG 22
19
Data Provided by Walkscore® not using MLS data

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