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Vacant Industrial Development Land
For Sale
$699,000

625 Margate Dr, Lincolnshire, IL 60069

Vacant land in Lake County offered for development with versatile zoning for industrial, office, or retail use.

Property SizeContact for details
Lot Size1.96 Acres
Days on Market28

Property Features for 625 Margate Dr

General Information

Standard status Active
Lot size 1.96 Acres
Property subtype VacantLand
Listing Agency: Jameson Commercial
Listed By: John Stocco · License #475194059
Source: Commercialcafe
Added: Jul 26 Changed: Aug 17 Last Checked: Aug 18 at 8:24AM

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 Jameson Commercial

Investment Insights

Based on property information with market context.

Offered for sale, this vacant land parcel at 625 Margate Dr is presented as a development opportunity within the Lincolnshire Corporate Center in Lake County. The property is an undeveloped lot suitable for parties looking to bring forward a new commercial project, with remarks indicating versatile zoning for industrial, office, and retail uses.

This is a straightforward acquisition for developers and investors seeking a blank-slate site. With no existing improvements described in the provided information, the property is positioned for new construction tailored to the buyer’s plans, subject to applicable approvals.

Key Highlights

  • 1.96‑acre vacant lot in Lake County for development
  • Versatile zoning allows industrial, office, and retail development
  • Located at 625 Margate Dr in the Lincolnshire Corporate Center

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Repair Shop Auto Parts Store Hair Salon

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

519
Businesses Nearby

Demographics for 60069, IL

8,735
Population
3,846
Households
2.3
Avg Household Size
50
Median Age
72%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
1,481
Density / Sq Mi
$157,366
Median Household Income
$82,672
Median Earnings
$2,682
Median Rent
$569,900
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Industrial land - Vacant land in Lake County offered for development with versatile zoning for industrial, office, or retail use.
Where is this industrial land located?
The property is located at 625 Margate Dr Lincolnshire, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1.96‑acre vacant lot in Lake County for development; Versatile zoning allows industrial, office, and retail development; Located at 625 Margate Dr in the Lincolnshire Corporate Center
More about this property
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