Vacant Land for Sale
Catylist Listing ID: 28244745
Gross Land Area: 16.78 Acres
Sale Price: $1,500,000
Unit Price: $89,392 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

FIVE STAR LOCATION / For new commercial development on 16+ ACRES / Located on the North side of US Highway 6 just West of Willowcreek Road. High traffic counts on Highway 6 and Willowcreek. The area is full of retail strip malls and stand alone buildings: Walmart, Kmart, Aldi's, Texas Coral, New Car Dealerships, Bowling Alley, Etc. See attached plat for PUD community of office buildings, multi-family, and single family homes. Six lots make up a 16 acre parcel ready to develop. Frontage of 850 Feet allows great exposure along US Hwy 6. Property is Zoned C-2 and Single Family

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Porter
Tax ID/APN: 64523451006000016
Market Type: Medium
Road Type: Paved
Property Visibility: Excellent
Feet of Frontage: 850
Transportation: Bus, Taxi
Highway Access: HWY 6 (Ridge Road) Two Blocks West of Willowcreek Road /Property On North Side of Street Or I-80 Ripley South To HWY 6 (Ridge Road) East To Property.
Area Description: US HWY 6
Zoning Description: C-2 and Single Family
Available Utilities: Electric, Water, Gas

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,837 50,587 102,517
Median Age: 36.01 36.23 37.63
Households: 2,996 18,628 39,073
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