SEC Lake St - Lot 1 1.5 Acres of Commercial Land Offered at $526,204 in Addison, IL 60101
INVESTMENT HIGHLIGHTS
- Sewer and water at the property line
- Near high traffic Lake Street & Lombard Rd Intersection
- Graded and ready to build
EXECUTIVE SUMMARY
Positioned in a thriving business corridor with 31,300 vehicles per day on Lake Street and 6,500 on Lombard Road, this location ensures maximum exposure. The site is fully improved with sewer and water at the property line, a completed access road, and is graded and ready for construction.
Take advantage of this highly visible and well-positioned site in a growing market with strong demographics and high consumer demand!
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $526,204 |
| Price Per AC | $350,802.67 |
| Lot Size | 1.50 AC |
Rare infill location ideal for medical office, auto service, fast food, hotel or other retail. Improved building site with sewer and water at the property line and access road completed. Near high traffic Lake Street & Lombard Rd Intersection.
DESCRIPTION
Located in the vibrant community of Addison, Illinois, this area is a well-established commercial hub with strong traffic flow and excellent accessibility. Situated along the highly traveled Lake Street corridor, the location benefits from a mix of national retailers, restaurants, service businesses, and corporate offices. Addison is known for its business-friendly environment, diverse population, and steady economic growth. With proximity to major highways and regional thoroughfares, the area attracts both local residents and commuters, making it an ideal destination for businesses seeking high visibility and consumer engagement. The surrounding neighborhoods offer a strong customer base with solid demographics, including a growing population and strong household incomes, further enhancing the area's commercial appeal.
PROPERTY TAXES
| Parcel Number | 03-19-208-054 | Improvements Assessment | $0 |
| Land Assessment | $90,280 | Total Assessment | $90,280 |
