31535 N US Highway 12 - Auto Dealership FOR SALE


Lakemoor, IL 60073
$8,950,000 USD
847-875-8201
31535 N US Highway 12, Lakemoor, IL for Sale
$8,950,000 USD
Auto Dealership - FOR SALE
1/40
null | Request Cap Rate

31535 N US Highway 12
Lakemoor, IL 60073


OVERVIEW

Prime Commercial Development Opportunity - 14.2 Acres Located at the bustling intersection of Rt 120, Rand Road (Rt 12), and Gilmer Road, this expansive 14.2-acre site (9.3 acres + 4.9 acres) offers unmatched visibility with a daily traffic count exceeding 50,000. Zoned C3 Regional Commercial District, the property supports a wide range of business uses, making it an ideal location for new dealerships, quick-service restaurants (QSRs), strip centers, or mid-size box stores. The site features a six drive-through bays equipped with 4-ton cranes, and twelve electric doors with 16-ft clearance for seamless access. With invested in recent renovations, including a tube heat system throughout, this property is ready for development or expansion. Positioned in a thriving commercial corridor, this prime location offers incredible potential for businesses seeking maximum exposure. Don't miss the chance to secure this premier investment opportunity!

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

undefined, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

14.2 AC

LAND SF

618,552 SF

ZONING

B-2

APN/PARCEL ID

09-03-203-006,09-03-203-006-0000

ASK ABOUT THIS PROPERTY

Robb SattenRobb SattenMore Info
847-875-8201

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Robb SattenRobb SattenMore Info
847-875-8201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.