Listed by Quantum Real Estate Advisors
Unpriced
Shovel Ready Development | Carpentersville, IL
Details
Property Type Multifamily, Land
Sub Type Apartment Building
Square Footage 100,000
Units 130
Year Built 2025
Buildings 1
Stories 4
Acreage 3.200
Parking Spaces 240 spaces
Parking Per SqFt 2.40
Investment Type Institutional
130 Units
Investment highlights
3.2 Acres of Development Land; Land is approved for 130-units of Class-A multi-family apartments
Shovel Ready; All plans and permits have been approved by the city and site is construction ready
TIF Funding Available; Approximately $11,000,000 of Tax Incrementing Financing (TIF) funds is approved for this development
Minimal Soft Cost; Current owners have invested over $2,000,000 in zoning, engineering, plans, and more, minimizing upfront soft cost
Listing Contacts
Listed by Quantum Real Estate Advisors
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Zoning
C-2 CommercialGeneral CommercialGeneral Commercial
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View all 74 uses
View all 74 uses Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics
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