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000 Huntley Road West Dundee, IL 60118
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Key Details
Sold Price $2,007,255
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11036109
Sold Date 08/27/24
Annual Tax Amount $830
Tax Year 2023
Lot Size 19.300 Acres
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
Property Description
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 is adjacent to the west and 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 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, which could help with infrastructure improvements such as storm water management, access roads, and utilities.
Location
State IL
County Kane
Zoning MULTI
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water to Site
Waterfront false
View Y/N true
Schools
Elementary Schools Dundee Highlands Elementary Scho
School District 300, 300, 300
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Mark Coleman • Coleman Land Company
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