Listing Agency: Lee & Associates | Chicago Show Phone

Listed By: Ryan Earley · License #475158683 Show Phone

Source: Moodyscre

Added: Aug 14, 2023 Changed: Sep 4 Last Checked: Sep 9 at 6:51AM

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Investment Insights

Based on property information with market context.

This 9.2-acre land parcel is a proposed development site with convenient access to I-55 and I-355. It is located 2.5 miles from the 4-way interchange at 127th Street and I-355, and 1.2 miles from downtown Lemont. The property is situated across the street from Chicago Truck Parking. Approval for 6B is likely. This site represents a rare industrial development opportunity within the I-55 corridor.

Key Highlights

• 9.2 acre industrial development site in I‑55 corridor
• Great access to I‑55 and I‑355
• 2.5 miles to 4‑way interchange at 127th and I‑355

Property Analytics

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Current Use

Garage Doors Lemont Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Building Supply Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

107

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - 9.2 acre industrial land with development potential near I-55.

Where is this land located?

The property is located at 16572 New Ave Lemont, IL.

What are key features of this property?

This property features: 9.2 acre industrial development site in I‑55 corridor; Great access to I‑55 and I‑355; 2.5 miles to 4‑way interchange at 127th and I‑355