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Office/Light Industrial Zoned Lot
For Sale
$550,000

8240 Lemont Road, Woodridge, IL 60517

Vacant industrial land zoned ORI with wetlands at the front, located among office and warehouse buildings.

Property SizeContact for details
Days on Market1025

Property Features for 8240 Lemont Road

General Information

Standard status Active
Property subtype LAND
Zoning ORI

Taxes and HOA fees

Annual Taxes $3,889
Listing Agency: Baird & Warner
Listed By: Michael Zawislak · License #82424564
Source: Dawnmckennagroup
Added: Jan 6, 2024 Changed: Oct 25 Last Checked: Oct 25 at 12:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This vacant lot is zoned ORI, supporting office, research, and light industrial uses. Wetlands are located at the front of the property, which should be considered when evaluating site planning and build feasibility.

The property is situated in an area with existing commercial office and warehouse buildings. Buyers’ agents must accompany clients when walking the property.

The offering consists of raw land only; no building improvements are described in the provided materials.

Key Highlights

  • Vacant industrial land zoned ORI (Office, Research and Light Industrial)
  • Wetlands located in the front of the lot
  • Surrounded by commercial office and warehouse buildings in the area

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Restaurant

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

388
Businesses Nearby

Demographics for 60517, IL

33,276
Population
13,270
Households
2.5
Avg Household Size
39
Median Age
45%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
3,578
Density / Sq Mi
$96,357
Median Household Income
$52,991
Median Earnings
$1,507
Median Rent
$342,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Industrial land - Vacant industrial land zoned ORI with wetlands at the front, located among office and warehouse buildings.
Where is this industrial land located?
The property is located at 8240 Lemont Road Woodridge, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Vacant industrial land zoned ORI (Office, Research and Light Industrial); Wetlands located in the front of the lot; Surrounded by commercial office and warehouse buildings in the area
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