847-989-8359
2700 Lake Cook Rd, Riverwoods, IL for Sale
Office/Residential - FOR SALE
1/6
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2700 Lake Cook Rd
Riverwoods, IL 60015


OVERVIEW

Located at 2700 Lake Cook Rd, Riverwoods, IL, this prime development site offers a unique opportunity for savvy investors and developers. The property features 46.27 acres of land, currently zoned for Office & Research One, the parcel strategically positioned along Lake Cook Rd, a major thoroughfare providing high visibility and easy access to key highways, including I-94 and I-294, as well as close proximity to O’Hare International Airport. The surrounding area is an affluent suburban community, characterized by strong demographics that make this site ideal for a variety of commercial and residential developments. The site benefits from excellent connectivity to Chicago and the surrounding suburbs, enhancing its appeal for both retail and office spaces. Nearby amenities, including shopping centers, restaurants, schools, and recreational facilities, further add to its attractiveness for potential developers and tenants. Market analysis indicates a high demand for mixed-use developments in Riverwoods due to a growing population and economic activities, with limited availability of comparable sites offering a competitive edge. Given the location and market trends, the property is well-suited for various development opportunities. It could be transformed into a retail center, office spaces, or hospitality ventures to capitalize on the traffic flow and accessibility. Alternatively, the site holds potential for upscale residential units or a mixed-use development that combines residential and commercial spaces, creating a vibrant community hub. The proposed use aligns with current market trends, emphasizing sustainable and multi-functional developments. The property is For Sale “Subject to Offer”.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Land Redevelopment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

46.27 AC

LAND SF

2,015,521 SF

ZONING

-

APN/PARCEL ID

15-36-400-037

ASK ABOUT THIS PROPERTY

Anne DempseyColliersMore Info
847-989-8359

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Anne DempseyColliersMore Info
847-989-8359

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