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Bank-Owned Development Land Parcels
For Sale
$599,832
Pending

Lots 2 3 4 Northwest Highway, Cary, IL 60013

Three bank-owned parcels totaling 1.97 acres on dual access with concept plans for retail or fast food.

Property SizeContact for details
Lot Size1.97 Acres
Days on Market55

Property Features for Lots 2 3 4 Northwest Highway

General Information

Standard status Pending
Lot size 1.97 Acres
Property subtype Vacant Land

Site & Location

Traffic Count 27,600 vehicles/day
Road Access Yes
Listing Agency: Premier Commercial Realty
Listed By: Bruce Kaplan · License #475075614
Source: Tumpanelegacy
Added: Jul 18 Changed: Sep 8 Last Checked: Sep 9 at 11:39PM

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 Premier Commercial Realty

Investment Insights

Based on property information with market context.

Bank-owned development land offering three separate parcels totaling 1.97 acres. Concept plans on file contemplate retail and/or fast food development, supported by a soil report and Phase I/II studies already on hand.

The property is located on Route 14 next to CVS and across from a former Burger King and brand new Thorntons Gas. It has dual access points to Route 14 and East Main St, with easy access to a traffic light.

The site includes approximately 250 feet of frontage on Route 14 and approximately 139 feet on East Main St, and is supported by an over 27,600 cars-per-day traffic count. The seller is bank-owned and indicates willingness to assist with project financing, and the site may qualify for development incentives associated with an existing TIF district.

Key Highlights

  • Bank‑owned commercial development land totaling 1.97 acres across 3 separate parcels on Route 14
  • Dual access points to Rt 14 and East Main St, with easy access to a traffic light
  • Concept plans on file for retail and/or fast food development

Property Analytics

Current Use

Commercial land

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,600 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 60013, IL

26,144
Population
9,906
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
96%
High-School Grad
14.5 sq mi
ZIP Area
1,803
Density / Sq Mi
$115,833
Median Household Income
$52,193
Median Earnings
$1,489
Median Rent
$291,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Three bank-owned parcels totaling 1.97 acres on dual access with concept plans for retail or fast food.
Where is this commercial land located?
The property is located at Lots 2 3 4 Northwest Highway Cary, IL.
What is the asking price?
The asking price for this property is $599,832.
What are key features of this property?
This property features: Bank‑owned commercial development land totaling 1.97 acres across 3 separate parcels on Route 14; Dual access points to Rt 14 and East Main St, with easy access to a traffic light; Concept plans on file for retail and/or fast food development
More about this property
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