Half Day Rd - Half Day Rd, Milwaukee Ave, Marriott Drive
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Half Day Rd - Half Day Rd, Milwaukee Ave, Marriott Drive
3.25 Acres of Commercial Land Offered at $1,550,000 in Lincolnshire, IL 60069
Investment Highlights
- Two development parcels at Half Day & Milwaukee in Lincolnshire
- 416 ft of frontage on Half Day Rd & 252 ft of frontage on Milwaukee Ave | Incredible 55,000 vehicles per day traffic count
- Corner site is available at $2,300,000 | Adjacent parcel is available at $1,550,000
- Stop-light corner site is +/- 3.75 acres (+./-2.75 acres buildable)
- Adjacent parcel is +/- 3.25 acres buildable (27 acres total including wetlands) with 4-way stop light intersection at Milwaukee Ave and Marriott Drive
- Many possible uses for both parcels, can be purchased together or individually
Executive Summary
Potential uses for both sites include retail, office, hospitality/hotel, automotive, entertainment, medical, 55+ residential, nursing and many others. The parcels can be purchased together or individually.
Lincolnshire, IL is a high income northwest suburb of Chicago. Lincolnshire boasts strong demographics with average annual household incomes approaching $170,000 and average home prices over $500,000 in the immediate area of the property. This location benefits from its immediate proximity to the Marriott Lincolnshire Resort complex, the Lincolnshire Village Hall, and many immediate area retailers including Walgreens, McDonald's, Walker Brothers, Tom's Price Furniture and BP to name a few. There are also many office parks and residences surrounding the property
Lincolnshire, IL is a high income northwest suburb of Chicago. Lincolnshire boasts strong demographics with average annual household incomes approaching $170,000 and average home prices over $500,000 in the immediate area of the property. This location benefits from its immediate proximity to the Marriott Lincolnshire Resort complex, the Lincolnshire Village Hall, and many immediate area retailers including Walgreens, McDonald's, Walker Brothers, Tom's Price Furniture and BP to name a few. There are also many office parks and residences surrounding the property
Property Facts
1 Lot Available
Lot Parcel 2
Price | $1,550,000 | Lot Size | 3.25 AC |
Price Per AC | $476,923 |
Price | $1,550,000 |
Price Per AC | $476,923 |
Lot Size | 3.25 AC |
+/-3.25 acres buildable on approx. 27 acres parcel Adjacent to the corner 3.75 acres parcel Zoned PUD E Potential uses include: Hotel, 55+ Residential, Auto Dealer, Sports/Recreation, Entertainment, Office, Medical, Nursing, Daycare
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $31,225 | Total Assessment | $31,225 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,225
Improvements Assessment
$0
Total Assessment
$31,225
zoning
Zoning Code | PUD-E |
PUD-E |
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Half Day Rd - Half Day Rd, Milwaukee Ave, Marriott Drive
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