Commercial Corner Redevelopment
For Sale
Contact for pricing
525 S Addison Road, Addison, IL 60101
Corner commercial land with multiple curb cuts and several redevelopment concepts identified for consideration.
Property SizeContact for details
Days on Market144
Property Features for 525 S Addison Road
General Information
Standard status
Active
Property subtype
Land
Zoning
COMMR
Listing Agency:
Robert E. Frank Real Estate, Inc.
Listed By:
Noreen Brown
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:16PM
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 Robert E. Frank Real Estate, Inc.
Investment Insights
Based on property information with market context.
This commercial land parcel at 525 S Addison Road is positioned for redevelopment and includes the former 7/11 site. The corner configuration provides approximately 190 feet of frontage along Addison Road and 150 feet along Lorraine, with two existing curb cuts on Addison and another on Lorraine. The property is zoned COMMR.
The site adjoins Starburst Bowl and sits between North Avenue and Lake Avenue. Concepts identified for consideration include a convenience store with fuel, a freestanding restaurant with drive-through, a multi-unit strip center, a franchise coffee shop with drive-through, a tunnel car wash, professional office space, or flex office/warehouse use.
The site adjoins Starburst Bowl and sits between North Avenue and Lake Avenue. Concepts identified for consideration include a convenience store with fuel, a freestanding restaurant with drive-through, a multi-unit strip center, a franchise coffee shop with drive-through, a tunnel car wash, professional office space, or flex office/warehouse use.
Key Highlights
- Approximately 190 feet of frontage on Addison Road and 150 feet on Lorraine
- Two existing curb cuts on Addison Road plus an additional curb cut on Lorraine
- COMMR zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 60101, IL
37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner commercial land with multiple curb cuts and several redevelopment concepts identified for consideration.
Where is this commercial land located?
The property is located at 525 S Addison Road Addison, IL.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Approximately 190 feet of frontage on Addison Road and 150 feet on Lorraine; Two existing curb cuts on Addison Road plus an additional curb cut on Lorraine; COMMR zoning
