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701 E Lake St - ±0.74 Acres

0.75 Acres of Industrial Land Offered at $1,204,849 CAD in Streamwood, IL 60107

Industrial Land Illinois Streamwood 701 E Lake St, Streamwood, IL 60107

Investment Highlights

  • Zoned I-2 General Industrial PUD | Utilities on site | Signalized intersection | Curb cut on Lake Street
  • 35 miles from downtown Chicago | Just 6 minutes to the I-390 interchange at Lake Street to O’Hare International Airport
  • Ideal location for retail, gas, or QSR
  • Large billboard with $18,000/year income and increases $1,500 every 5 years | Traffic Counts: 36,900 vehicles per day on Lake Street
  • Less than a mile from the Hanover Park Metra Station
  • 2023 Taxes: $ $4,242.37

Executive Summary

Introducing a prime development opportunity in the heart of the Northwest Suburbs! Bring your industrial project to this shovel-ready site with an existing billboard generating $18,000 in rental income annually. This site is currently Zoned I-2. The high visibility, existing curb cut, and daily traffic count of 36,900 Vehicles per day offer a lucrative prospect for a change in zoning to facilitate a retail development or quick service restaurant. This site presents a compelling space for warehouse, manufacturing, distribution, or retail operations. Bring your development to this exquisite site.

Attachments

Sale OM

Property Facts

Price $1,204,849 CAD Property Subtype Industrial
Sale Type Investment Proposed Use
Commercial
  • Industrial
  • Retail
No. Lots 1 Total Lot Size 0.75 AC
Property Type Land
Price $1,204,849 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
Total Lot Size 0.75 AC

1 Lot Available

Lot

Price $1,204,849 CAD Lot Size 0.75 AC
Price Per AC $1,606,466 CAD
Price $1,204,849 CAD
Price Per AC $1,606,466 CAD
Lot Size 0.75 AC

Industrial/Retail Land Pad Site For Sale.

Description

Located in Streamwood, Illinois, in suburban Cook County, 701 E Lake St offers a prime location. 36,900 Vehicles per day pass this exceptional site on a major retail arterial, currently zoned I-2 Industrial. Situated within the vibrant Chicago metropolitan area, the location provides easy access to major transportation arteries, including major highways and O'Hare International Airport. The diverse economy of Suburban Chicago boasts a strong industrial base, making it an ideal location for businesses seeking to tap into a robust workforce and strategic distribution networks. The nearby attractions such as the NOW Arena and Spring Valley Nature Center offer recreational opportunities for employees and visitors to the area, enhancing the overall appeal of the location for industrial and very promising retail, land use purposes.

Links

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701 E Lake St, Streamwood, IL - aerial map view - Image1
701 E Lake St, Streamwood, IL - aerial map view - Image2
701 E Lake St, Streamwood, IL - aerial map view - Image3

PROPERTY TAXES

Parcel Number 06-35-400-005-0000 Improvements Assessment $0 CAD
Land Assessment $19,428 CAD Total Assessment $19,428 CAD

PROPERTY TAXES

Parcel Number
06-35-400-005-0000
Land Assessment
$19,428 CAD
Improvements Assessment
$0 CAD
Total Assessment
$19,428 CAD

zoning

Zoning Code I-2 (Zoned I-2 General Industrial PUD)
I-2 (Zoned I-2 General Industrial PUD)
(847) 812-8414

Contacts

  • Listing ID: 33567536

  • Date on Market: 2024-10-18

  • Last Updated:

  • Address: 701 E Lake St, Streamwood, IL 60107

The Land Property at 701 E Lake St, Streamwood, IL 60107 is currently available for sale. Contact SVN for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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701 E Lake St - ±0.74 Acres
(847) 812-8414 x

701 E Lake St - ±0.74 Acres

1/2

David Coupe

(847) 812-8414

(847) 812-8414

Albert Lindeman

(312) 756-7352

(312) 756-7352

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