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$ 2,999,000
Est. payment | /mo
7.44 Acres Lot
$ 2,999,000
Est. payment | /mo
7.44 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12401632
Annual Tax Amount $358
Tax Year 2023
Lot Size 7.440 Acres
Lot Dimensions 1026 X 366
Property Sub-Type Land
Property Description
Located at the hard-corner intersection of US Highway 45 and E Grand Avenue (Rt 132), this 7.44-acre CBzoned parcel offers unparalleled commercial potential. With approximately 15,000 vehicles per day passing, the site is primed for any combination of retail, office, convenience, service, or drive-through uses The property features flat, build-ready land with utilities brought directly to the site-sewer, water, electric, and gas are all available Surrounded by strong demographics-average household incomes in excess of $120K within a tight trade area-development support is reinforced by recent nearby residential growth: a 70-unit luxury townhome complex directly west and a 55+ community in progress The CB Community Business zoning provides flexible use allowances, ideal for end-users such as quick-serve restaurants, convenience stores, medical offices, or multi-tenant retail buildings. The owner is open to parcel division, build-to-suit leases, or joint venture arrangements, maximizing development creativity
Location
State IL
County Lake
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
View Y/N true
Schools
School District 24, 24, 117
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Julia Alexander • Keller Williams North Shore West
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States