Listing provided courtesy of Entre Commercial Realty, LLCMREDas Distributed by MLSGrid- MLS# 12517245MLS Provider

01 Route 72 RoadPingree Grove, IL 60140

Vacant Land · 1.00 Acres
$750,000 Active

01 Route 72 Road Overview

Time on Site:
217 days
Visits:
4

Prime 11-acre retail development opportunity subdivided into five pad-ready sites with a wide variety of compatible uses. Two pads are designed for free-standing QSR drive-thru operators, while the remaining sites include continuous parcels of up to six acres for larger retail, medical, or service-based concepts. The property benefits from strong visibility, walkable neighborhood proximity, and traffic counts over 12,000 vehicles per day near a signalized intersection. Located in one of Illinois' fastest-growing suburbs with over 12,000 residents and a median household income of $120,000, this area remains significantly underserved and positioned for commercial expansion. The Village is highly supportive of new development and eager to work collaboratively to bring in services and amenities the community is actively seeking. Price is per acre, pad-ready.

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01 Route 72 Road Facts & Features

  • Type Vacant Land
  • Lot 1.00 Acres

Details

General

School Information

  • School District: 301

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Hampshire / Pingree Grove
  • Township: Rutland

Tax Information

  • Tax Annual Amount: $8,882.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0228315001
  • Possible Use: Commercial,Retail
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 955.6
  • Frontage Type: City Street,Public Road,Signal Intersection,State Road
  • Lot Size Acres: 1
  • Lot Size Dimensions: 955.68X424X480X1229X73
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

01 Route 72 Road Neighborhood

Community

60140 (Pingree Grove) Demographics

40
Median Age
221
Population Density (per sq. mile)
50%
College Educated
$97,737
Estimated Median Income
5,006
Estimated Total Home Owners
1,240
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

01 Route 72 Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

01 Route 72 Road Market Data

Based on the last 30 days in this zip code

$431,887
Average List Price
$220
Average Price per Square Foot
51
Properties Sold
63
Average Days on Market
212
Properties for Sale
Calculations provided by Reliance Network

01 Route 72 Road History

Date Event Value Agent
11/29/2025Source: MRED Status Change
Active
11/24/2025Source: MRED Added to Database
November 24, 2025
11/10/2022Source: MRED Status Change
Closed
9/7/2022Source: MRED Status Change
Contingent
6/20/2022Source: MRED Added to Database
May 13, 2022
5/18/2022Source: MRED Status Change
Active