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Commercial Land Site For Sale
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Pending

24132 W Black Rd, Shorewood, IL 60404

9.32 acre commercial land site available for sale.

Property SizeContact for details
Lot Size9.32 Acres
Days on Market891

Property Features for 24132 W Black Rd

General Information

Standard status Pending
Lot size 9.32 Acres
Property subtype Land
Listing Agency: Baum Realty Group
Listed By: Chuck Whitlock · License #IL 475.157770
Source: Crexi
Added: Mar 15, 2024 Changed: Aug 8 Last Checked: Jul 24 at 4:22PM

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 Baum Realty Group

Investment Insights

Based on property information with market context.

A 9.32-acre commercial land site is available for sale, with options to purchase parcels ranging from 0.8 acres to 3.2 acres. The 0.8-acre pad is priced at $14.50 per square foot, while larger pads are available at $13.50 per square foot. A Class-A luxury apartment building with 149 units anchors the project, potentially providing a built-in customer base for future retail businesses. The site is located 640 feet from IL-59 (Brook Forest Avenue). The owner is willing to consider subdividing the parcel. Traffic counts are approximately 13,400 vehicles per day along Black Road and 28,900 vehicles per day along IL-59 (Brook Forest Avenue). Area retailers include ALDI, Mariano’s, The Home Depot, Portillo’s, Petco, Marshalls, and Raising Cane’s.

Key Highlights

  • High traffic counts: 28,900 VPD on IL‑59 (Brook Forest Avenue).
  • Class‑A luxury apartment building with 149 units anchors the project, providing a captive retail audience.
  • Located just 640 feet from IL‑59 (Brook Forest Avenue).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair Storage Facility Tech Support Center

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

502
Businesses Nearby

Demographics for 60404, IL

19,916
Population
7,530
Households
2.6
Avg Household Size
42
Median Age
40%
College-Educated
96%
High-School Grad
15.7 sq mi
ZIP Area
1,269
Density / Sq Mi
$121,696
Median Household Income
$54,628
Median Earnings
$1,945
Median Rent
$319,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 9.32 acre commercial land site available for sale.
Where is this commercial land located?
The property is located at 24132 W Black Rd Shorewood, IL.
What are key features of this property?
This property features: High traffic counts: 28,900 VPD on IL‑59 (Brook Forest Avenue).; Class‑A luxury apartment building with 149 units anchors the project, providing a captive retail audience.; Located just 640 feet from IL‑59 (Brook Forest Avenue).
(312) 275-3133 Call to check price and availability
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