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    8450 Willow Springs Rd Willow Springs, IL 60480

    For Sale
    $800,000

    Out Lot - Willow Springs, IL

    Days on Market:
    482
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 8450 Willow Springs Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    18324010150000

    Building Details

    Architectural style
    Other

    Remax Market (708) 558-8800 [email protected]

    Listing agent Lucy Mierop (708) 839-8100 License #471007678

    Listing date Aug 17, 2024

    MLS# 11723703 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot Retail Opportunity

    This corner lot in Willow Springs, Illinois, presents a development opportunity for retail or automotive-related businesses. The property is suitable for constructing individual buildings or a strip mall, and a drive-thru configuration is possible. The 2-acre lot can be subdivided into two or three parcels. Situated next to a gas station and car wash, the location offers high traffic visibility for potential customers. Its proximity to I-294, I-55, and Route 83 enhances accessibility.
    Location Intelligence

    Current Use by Public Records

    Valvoline Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Willow Springs
    County
    Cook
    State
    Illinois
    Longitude
    -87.875937
    Latitude
    41.747065

    FAQs

    What type of property is this?
    Individual retail property - Prime corner lot suitable for retail development with high visibility.
    Where is this individual retail property located?
    The property is located at 8450 Willow Springs Rd Willow Springs, IL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - High traffic visibility for customers due to corner location.; - Potential for drive-thru development.; - Close proximity to major highways (294, I55, Route 83).
    (708) 839-8100
    Request Owner's contact information
    8450 Willow Springs Rd Willow Springs, IL 60480
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    Willow Springs, IL 60480
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8450 Willow Springs Rd Willow Springs, IL 60480
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