701 Phoenix Lake Ave Streamwood, IL 60107
Property Features for 701 Phoenix Lake Ave
General Information
- Lot size
- 0.75 Acres
Source:
Moodyscre
Listing Agent: David Coupe
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Streamwood Land For Sale
This 32,670 square foot site is zoned I-2 General Industrial PUD and features utilities on site. The location benefits from a signalized intersection and a curb cut on Lake Street. A large billboard on the property generates an annual income of $18,000, with increases of $1,500 every 5 years. Situated approximately 35 miles from downtown Chicago, the site is just 6 minutes from the I-390 interchange at Lake Street, providing access to O’Hare International Airport. It is also less than a mile from the Hanover Park Metra Station. The property is suitable for retail, gas, or quick-service restaurant (QSR) use. Traffic counts on Lake Street reach 36,900 vehicles per day. The PIN number for the property is 06-35-400-005. 2023 taxes were $4,242.37.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Streamwood
- County
- Cook
- State
- Illinois
- Longitude
- -88.1503363
- Latitude
- 42.0154523
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 32,670 SF site zoned for general industrial use.
Where is this commercial land located?
The property is located at 701 Phoenix Lake Ave Streamwood, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: - High traffic count: 36,900 vehicles per day on Lake Street.; - Income-generating billboard: $18,000/year with $1,500 increases every 5 years.; - Excellent location: Just 6 minutes to I-390 interchange for O’Hare access.