701 E Lake St - Industrial LAND FOR SALE


Streamwood, IL 60107 32,670 SF
$850,000 USD
847-812-8414
701 E Lake St, Streamwood, IL for Sale
$850,000 USD
Industrial LAND - FOR SALE
1/5
32,670 SF

701 E Lake St
Streamwood, IL 60107


HIGHLIGHTS

  • Zoned I-2 General Industrial PUD | Utilities on site | Signalized intersection | Curb cut on Lake Street
  • Large billboard with $18,000/year income and increases $1,500 every 5 years | Traffic Counts: 36,900 vehicles per day on Lake Street
  • 35 miles from downtown Chicago | Just 6 minutes to the I-390 interchange at Lake Street to O’Hare International Airport
  • Less than a mile from the Hanover Park Metra Station
  • Ideal location for retail, gas, or QSR
  • 2023 Taxes: $ $4,242.37

OVERVIEW

Introducing a prime development opportunity in the heart of the Northwest Suburbs! Bring your industrial project to this shovel-ready site with an existing billboard generating $18,000 in rental income annually. This site is currently Zoned I-2. The high visibility, existing curb cut, and daily traffic count of 36,900 Vehicles per day offer a lucrative prospect for a change in zoning to facilitate a retail development or quick service restaurant. This site presents a compelling space for warehouse, manufacturing, distribution, or retail operations. Bring your development to this exquisite site.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/ACRE

$1,133,333/AC

PRICE/SF

$26 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

±0.74 Acres

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Commercial, Industrial, Retail

LAND ACRES

0.75 AC

LAND SF

32,670 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

I-2

APN/PARCEL ID

06-35-400-005-0000

ASK ABOUT THIS PROPERTY

David CoupeSVNMore Info
847-812-8414

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David CoupeSVNMore Info
847-812-8414

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