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    Us Rt. 52 & Wynstone Blvd Shorewood, IL 60404

    Sponsored
    For Sale
    $1,949,745

    Prime B-3 zoned land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14.92-acre commercial land parcel in Shorewood, Illinois, presents a remarkable investment opportunity. Located at the intersection of US Route 52 and Wynstone Boulevard, this property boasts a highly desirable B-3 zoning, allowing for a wide range of commercial uses, including retail, office, and multi-family developments. The asking price is $1,949,745, translating to a land value of $3 to $4.25 per square foot. The site benefits from existing utilities and off-site detention, simplifying development. Its strategic location offers convenient access to Route 59 and the I-55 interchange, approximately two miles west. The property is situated adjacent to Shorewood Village Hall, the future library, and Towne Center Park, which features a scenic lake and walking trail. The presence of DR Horton's new single-family home development further enhances the property's desirability and potential for growth. The land is partially improved and divisible into smaller lots, providing flexibility for various development scenarios. This prime location and versatile zoning make this an exceptional opportunity for investors seeking high-growth potential in a thriving community. The property's proximity to established amenities and residential development ensures strong visibility and accessibility for future businesses. Don't miss this chance to acquire a significant commercial land parcel in a rapidly growing area.

    Property Features for 0 Us Rt. 52 & Wynstone Blvd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Partially improved, divisible lots available.
    • On‑site utilities; off‑site detention.
    • B3 zoning allows retail, office, and multi‑family uses.
    • Excellent visibility and access via Route 52 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shorewood
    County
    Will
    State
    Illinois
    Longitude
    -88.2313246
    Latitude
    41.5212335

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    FAQs

    What type of property is this?
    Land - Prime B-3 zoned land, excellent location.
    Where is this land located?
    The property is located at Us Rt. 52 & Wynstone Blvd Shorewood, IL.
    What is the asking price?
    The asking price for this property is $1,949,745.
    What are key features of this property?
    This property features: Partially improved, divisible lots available.; On-site utilities; off-site detention.; B3 zoning allows retail, office, and multi-family uses.
    Request Owner's contact information
    Us Rt. 52 & Wynstone Blvd Shorewood, IL 60404
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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
    Us Rt. 52 & Wynstone Blvd Shorewood, IL 60404
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