Listing Agency: Plus Real Estate Services, Inc. p***@plusrealtygroup.com Show Phone

Listed By: Peter · License #471008060 Show Phone

Source: Compass

Added: Nov 19, 2024 Changed: Aug 29 Last Checked: Aug 31 at 12:56AM

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Investment Insights

Based on property information with market context.

This commercial land offering comprises approximately 5 acres with 603 ft of frontage on IL Rt 72. The parcel is positioned for future development in a densely populated commercial area, with roadway exposure along Higgins Road and proximity to established retail and entertainment destinations.

The property is across from Jewel and next to Spring Hill Mall and Theater. I-90 and Route 31 are within minutes, providing regional access, while the site experiences exposure to 21,000+ vehicles driving past per day. The surrounding context includes retail, office, restaurant, banquet, health club, and medical uses identified in the property information.

Key Highlights

• Approximately 5 acres of commercial land
• 603 ft frontage on IL Rt 72
• Across from Jewel

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Locksmith Grocery & Convenience Store Catering Service Home Appliance Store

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

933

Businesses Nearby

Explore this area Business Placement

Demographics for 60118, IL

16,342

Population

6,428

Households

2.5

Avg Household Size

44

Median Age

44%

College-Educated

94%

High-School Grad

20.9 sq mi

ZIP Area

782

Density / Sq Mi

$104,572

Median Household Income

$57,622

Median Earnings

$1,532

Median Rent

$340,000

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Development parcel near established retail, dining, entertainment, and medical-oriented commercial activity.

Where is this commercial land located?

The property is located at 1601 Higgins Road Sleepy Hollow, 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: Approximately 5 acres of commercial land; 603 ft frontage on IL Rt 72; Across from Jewel