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    Nec Grand Ave & Deep Lk Rd Lindenhurst, IL 60046

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail Land, Excellent Location, Utilities Available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial land opportunity spans 29 gross acres, with 10 net acres available, situated at the northeast corner of Grand Avenue and Deep Lake Road in Lindenhurst, Illinois (zip code 60046). The property is zoned for retail use and boasts significant advantages for developers. Existing infrastructure includes off-site detention and utilities already connected to the site. Furthermore, all Illinois Department of Transportation (IDOT) engineering is complete, streamlining the development process. The location offers unparalleled accessibility, being just 6.3 miles west of I-94, ensuring convenient access for customers and employees. This strategic location benefits from high visibility and proximity to key community anchors. Adjacent to the newly constructed $25 million Lake Villa Library (approximately 360,000 annual visitors), a Speedway gas station, and Vista Health facilities, this site enjoys a thriving commercial environment. Nearby neighbors include the Vista Medical Center - Lindenhurst Trip Facility, further enhancing the area's appeal and potential for significant foot traffic. The lot size ranges from 1.34 to 4.47 acres, offering flexibility for various development plans. This is a rare opportunity to acquire a well-positioned, fully-serviced commercial parcel in a rapidly growing area. The property's strategic location and existing infrastructure make it ideal for a variety of retail developments.

    Property Features for 0 Nec Grand Ave & Deep Lk Rd

    General Information

    Property type
    Land
    Lot Size
    58,370 SF

    HighLights

    • 1.34 to 4.47 acres of commercially zoned land in Lindenhurst, IL.
    • Off‑site detention and utilities are available.
    • IDOT engineering is complete.
    • Located 6.3 miles west of I‑94.
    • Excellent location near a new $25M library, Speedway, and Vista Health, with proximity to Vista Medical Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lindenhurst
    County
    Lake
    State
    Illinois
    Longitude
    -88.0578209
    Latitude
    42.4153716

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, Excellent Location, Utilities Available.
    Where is this land located?
    The property is located at Nec Grand Ave & Deep Lk Rd Lindenhurst, IL.
    What are key features of this property?
    This property features: 1.34 to 4.47 acres of commercially zoned land in Lindenhurst, IL.; Off-site detention and utilities are available.; IDOT engineering is complete.
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    Nec Grand Ave & Deep Lk Rd Lindenhurst, IL 60046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nec Grand Ave & Deep Lk Rd Lindenhurst, IL 60046
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