1100 W Lake St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1100 W Lake St
6.1 Acres of Commercial Land Offered at $3,400,000 in Addison, IL 60101
Investment Highlights
- Exceptional 6.1-acre development opportunity located along Lake Street/Route 20 near Interstate 355 in a growing Chicago suburb.
- Located in a lively community, surrounded by stable, well-maintained resident neighborhoods, mixed-use, and commercial establishments.
- Prominent frontage of over 750 feet along Lake Street, providing excellent exposure to more than 35,700 daily drivers.
- Situated about 20 miles west of Chicago’s Loop with easy access to Interstates 355 and 290, and the Chicago O’Hare International Airport.
Executive Summary
1100 W Lake Street offers an impressive development opportunity in a thriving suburban Chicago location. This 6.10-acre site is zoned R-3B PUD, suitable for low-density multifamily, senior living, or assisted living development. 4% Financing Available. The property provides 750 feet of excellent frontage along Lake Street with exposure to over 35,700 vehicles daily.
Investors will benefit from 1100 W Lake Street's strategic location, substantial submarket climate, and growing community. The Northeast DuPage County multifamily market has a lot of things going for it: four major expressways (Interstates 88, 355, 290, and 294), proximity to Chicago O'Hare International Airport, and the numerous retailers in and around Oak Brook Center Mall. Chicago O'Hare International Airport, as well as Interstates 290 and 355, makes commuting easy.
Addison sits about 20 miles west of Chicago's Loop, surrounded by forest preserves, lakes, creeks, and reservoirs. This ideal location between the modern luxuries of a metropolitan city and the beauty of nature sets Addison apart. Addison is also home to a distinctly close-knit community with no shortage of things to do in town, from performing and visual arts events to many restaurants and parks offering hiking, biking, and more opportunities.
Investors will benefit from 1100 W Lake Street's strategic location, substantial submarket climate, and growing community. The Northeast DuPage County multifamily market has a lot of things going for it: four major expressways (Interstates 88, 355, 290, and 294), proximity to Chicago O'Hare International Airport, and the numerous retailers in and around Oak Brook Center Mall. Chicago O'Hare International Airport, as well as Interstates 290 and 355, makes commuting easy.
Addison sits about 20 miles west of Chicago's Loop, surrounded by forest preserves, lakes, creeks, and reservoirs. This ideal location between the modern luxuries of a metropolitan city and the beauty of nature sets Addison apart. Addison is also home to a distinctly close-knit community with no shortage of things to do in town, from performing and visual arts events to many restaurants and parks offering hiking, biking, and more opportunities.
Property Facts
| Price | $3,400,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 6.10 AC |
| Price | $3,400,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 6.10 AC |
1 Lot Available
Lot
| Price | $3,400,000 | Lot Size | 6.10 AC |
| Price Per AC | $557,377 |
| Price | $3,400,000 |
| Price Per AC | $557,377 |
| Lot Size | 6.10 AC |
750 feet of frontage on Lake Street. Zoned for Multifamily.
Description
Property ready for senior housing.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $85,310 | |
| Land Assessment | $635,900 | Total Assessment | $721,210 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$635,900
Improvements Assessment
$85,310
Total Assessment
$721,210
zoning
| Zoning Code | R-3B PUD |
| R-3B PUD |
Sale Advisor
Sale Advisor
Tem Horwitz, Managing Broker
(312) 944-0589 x101
Contact
Horwitz & Co. has committed itself since its earliest days to innovative urban real estate development. The company has set the tone for lofts, townhouse development, for creative space, for restaurants and retail. The only sin is imitation; openness and imagination are our counselors
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1100 W Lake St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.