2305 Pembroke Avenue is a high-profile, roughly 10.91-acre vacant land parcel boasting excellent frontage and endless commercial development potential in Hoffman Estates, a bustling northwest Chicago suburb. The property's positioning along the main retail corridor of Barrington Road and Interstate 90 grants it superior connectivity and visibility, enhancing its efficacy for a wide range of uses. This raw land site is zoned M-1, with all utilities to the site, providing an ideal opportunity for industrial, retail, office, or mixed-use.
With prime frontage along Interstate 90 (Northwest Tollway), the property provides excellent exposure to over 150,000 vehicles daily. 2305 Pembroke Avenue has convenient access via Barrington Road and serves as a well-established infill location approximately 32 miles northwest of Downtown Chicago, furthering its development appeal.
Hoffman Estates is a densely populated suburb just northwest of Chicago. 2305 Pembroke Avenue is surrounded by a robust collection of neighborhood amenities and residential communities, including several hotels, office/medical properties, and adjacency to a vast apartment complex. Within a 5-mile radius of the site is a population of over 197,967 with an average household income of $118,419, all contributing to the area's strong labor pool, thriving consumer base, and growing community.
Auction Deadline: June 4, 2025
Previously valued in excess of $2,000,000
Suggested opening bid: $750,000