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701 Phoenix Lake Ave Streamwood, IL 60107

For Sale
$850,000

32,670 SF site zoned for general industrial use.

Lot size:
0.75 Acres

Property Features for 701 Phoenix Lake Ave

General Information

Lot size
0.75 Acres

Source: SVN | Chicago Industrial 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.
Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Streamwood
County
Cook
State
Illinois
Longitude
-88.1503363
Latitude
42.0154523

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.
More about this property
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