701 E Lake St
- 32,670 SF Site
- Zoned I-2 General Industrial PUD
- Utilities on site
- Signalized intersection
- Large billboard with $18,000/year income and increases $1,500 every 5 years
- Curb cut on Lake Street
- Approximately 35 miles from downtown Chicago
- Just 6 minutes to the I-390 interchange at Lake Street to O’Hare International Airport
- Less than a mile from the Hanover Park Metra Station
- Ideal location for retail, gas, or QSR
- Traffic Counts: 36,900 vehicles per day on Lake Street
- PIN Number: 06-35-400-005
- 2023 Taxes: $ $4,242.37
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $850,000 |
| Year Built: | 2022 |
| Lot Size: | 0.75 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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