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    1555 W Lake St Addison, IL 60101

    For Sale
    Contact for pricing

    Multiple commercial outlots near high-traffic intersection and I-355 interchange.

    Lot size:
    1.00 Acre

    Property Features for 1555 W Lake St

    General Information

    Lot size
    1.00 Acre

    Source: CBRE | Chicago Agent Mario Melone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Outlots Near I-355 Interchange

    Multiple outlots are available, sized at +1.00 acre and +1.18 acres. The size and configuration of the lots are flexible. The property is located near a high-traffic intersection at Lake Street and Rohlwing Road, and near the I-355 and Lake Street interchange, which sees over 140,000 vehicles per day. Local retailers in the vicinity include Walmart, Sam’s Club, XSport Fitness, ALDI, Goodwill, Chamberlain University College of Nursing, and Hampton Inn & Suites.
    Insight Report Location Intelligence

    Current Use by Public Records

    Marcus Addison Cinema Movie Theater

    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
    Addison
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0265151
    Latitude
    41.9466784

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    FAQs

    What type of property is this?
    Land - Multiple commercial outlots near high-traffic intersection and I-355 interchange.
    Where is this land located?
    The property is located at 1555 W Lake St Addison, IL.
    What are key features of this property?
    This property features: - Located near **high-traffic intersection of Lake Street and Rohlwing Road.**; - Proximity to I-355 and Lake Street interchange with **over 140,000 vehicles per day.**; - Multiple outlots available: +1.00 Acre and +1.18 Acres.
    (312) 935-1400
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    1555 W Lake St Addison, IL 60101
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    Addison, IL 60101
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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
    1555 W Lake St Addison, IL 60101
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