2021
Year Acquired
0.87 ACRES
Commercial Space
Commercial Development Opportunity in Johnsburg, Illinois
This 0.87-acre commercial property is located adjacent to a 68-unit senior housing community in Johnsburg, Illinois. Acquired by General Capital in 2021, the site is zoned B2 for commercial use and offers an opportunity for future development. Its proximity to established residential housing creates potential for neighborhood-serving businesses and services that complement the surrounding community.
Price: $250,000
Key Themes
- Strategic commercial acquisition supporting future development opportunities in Johnsburg.
- Neighborhood-serving potential complementing nearby residential housing and community needs.
- B2 commercial zoning providing flexibility for permitted business uses.
- Established residential adjacency creating opportunities for complementary commercial services.
- Long-term development flexibility supporting future investment and commercial activity.
Results
- 0.87-acre commercial property acquired in 2021.
- B2 zoning designation supporting potential commercial development.
- 68 senior housing units located adjacent to the property.
- $250,000 asking price identified for the commercial site.
- Vacant commercial land available for potential future development.