Office Building for Sale
Message Amanda OrenchukOffice Building for Sale
Posted by Village of Mundelein, IL
Development Site
Development Opportunity
Size
0.36 acres
Ownership
Privately Owned
Availability
For Sale
In Opportunity Zone
No
Site Description
Office building available with potential for redevelopment or adaptive reuse space. Within Downtown Zoning District. TIF District. Walking distance to Train and Bus. Lots of activity in the area.
Documents
Planning Requirements
General/Comprehensive Plan Designation
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Fast Track Approval
Community Support
Political Support
Zoned for Preferred Outcomes
Incentives
Financial Programs
TIFMarket/Public & Private Investment
Transportation Investment
Pace bus and Metra Train, bike path nearbyInfrastructure
Village water and sewerPrivate Investment
New 65-unit apt (70% occupied); newer 84 unit apt and condo - 95% occupied; 40-unit apt under construction; new Village Hall and infrastructureLocal Development Trends & Market Indicators
Multi-family leasing quickly, strong residential market in general, reinvestment in propertiesParcel Ownership and Information
446 Morris Ave, Libertyville, IL 60060
0.36 acres (15575.56 sqft)
Owner
PO BOX 777, MUNDELEIN IL 60060-0777
Details
APN: 1119323021
For Sale
Created on June 20th, 2016 (last updated 5 months ago)