Vacant Corner Development
181 E Westminster Lake Forest, IL 60045
181 E Westminster, Lake Forest, IL, 60045
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For Sale
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Vacant land on a southeast corner in downtown Lake Forest, suitable for a future development project subject to approvals.
Property Size11,985 SF
Days on Market56
Property Features for 181 E Westminster
General Information
- Standard status
- Active
- Size
- 11,985 SF
- Property subtype
- Retail, Land
Building Details
- Year Built
- 1939
Listing agency
Avison Young - Chicago Downtown
Listed by
Tim Henry · License #IL
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 12:33PM
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 Avison Young - Chicago Downtown
Investment Insights
Based on property information with market context.
This offering consists of vacant commercial land at 181 E Westminster in Lake Forest. The parcel is positioned on the southeast corner of Westminster and Oakwood and is available for buyers seeking a clean slate for a future site plan and construction.
The property’s corner location in downtown Lake Forest supports a variety of development concepts, offering exposure to street-front conditions on two sides. As a vacant parcel, it provides flexibility for layout and design choices, while the existing site status avoids limitations tied to a current operating facility.
For investors and owner-users, the land’s availability can be valuable when you want to control the development timeline and configuration from the ground up. Any intended use will be subject to local approvals and permitting requirements, but the site’s straightforward vacancy can simplify the initial planning process compared with adaptive reuse. If you’re evaluating land as part of a larger portfolio or planning a new build, this parcel provides an opportunity to design around your specific program needs, within the constraints of applicable regulations.
The property’s corner location in downtown Lake Forest supports a variety of development concepts, offering exposure to street-front conditions on two sides. As a vacant parcel, it provides flexibility for layout and design choices, while the existing site status avoids limitations tied to a current operating facility.
For investors and owner-users, the land’s availability can be valuable when you want to control the development timeline and configuration from the ground up. Any intended use will be subject to local approvals and permitting requirements, but the site’s straightforward vacancy can simplify the initial planning process compared with adaptive reuse. If you’re evaluating land as part of a larger portfolio or planning a new build, this parcel provides an opportunity to design around your specific program needs, within the constraints of applicable regulations.
Key Highlights
- Vacant land on the southeast corner of Westminster and Oakwood in downtown Lake Forest
- Suitable for a future development project, subject to approvals
- Year built listed as 1939
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Vacant land on a southeast corner in downtown Lake Forest, suitable for a future development project subject to approvals.
Where is this commercial land located?
The property is located at 181 E Westminster Lake Forest, IL.
What are key features of this property?
This property features: Vacant land on the southeast corner of Westminster and Oakwood in downtown Lake Forest; Suitable for a future development project, subject to approvals; Year built listed as 1939
