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    625 Margate Dr Lincolnshire, IL 60069

    Sponsored
    For Sale
    $700,000

    Prime Lincolnshire development site. 88,000 SF commercial land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.96-acre parcel, located at 625 Margate Drive in Lincolnshire, Illinois (zip code 60069), presents a rare opportunity for commercial development. Situated within the vibrant Lincolnshire Corporate Center, this 88,000 square foot lot is one of the last remaining undeveloped sites in this highly sought-after area. The property is zoned for a wide range of commercial uses, including industrial, office, and retail, offering significant flexibility for potential developers. Its prime location provides excellent access to major transportation routes, ensuring convenient commutes for employees and customers. The asking price for this ready-to-develop land is $700,000. This represents a significant investment opportunity in a thriving business community with strong potential for future growth and return. The property's size and zoning make it ideal for a variety of projects, from small-scale retail spaces to larger industrial facilities. Don't miss this chance to secure a prime piece of Lincolnshire real estate. Contact us today to learn more about this exceptional development opportunity.

    Property Features for 625 Margate Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnshire
    County
    Lake
    State
    Illinois
    Longitude
    -87.943541
    Latitude
    42.185727

    Nearby Comparable

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      26,021 SF

      Office Space Available in Lincolnshire

      8,911 SF office space for sale, immediate occupancy.
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      162,739 SF

      Lincolnshire Office Building for Sale

      162,739 SF office building 100% leased to Sysmex America.
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      75,372 SF

      Lincolnshire Theater Redevelopment

      75,000 SF former movie theater, prime location.
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      52,318 SF

      Lincolnshire Medical Retail Center

      Prime Medical Retail Space, 52,318 SF
      725 Milwaukee Ave, Lincolnshire, IL 60069
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    • $10,982,000
      13,296 SF

      KinderCare NNN Asset For Sale

      13,296 SF KinderCare NNN asset in Lincolnshire, IL.
      250 Marriott Dr, Lincolnshire, IL 60069
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      84,856 SF

      Free-Standing Industrial Facility in Lincolnshire

      Second-generation industrial facility with heavy office and parking.
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      70,004 SF

      CityPark Corporate Center Office Asset

      Class-A office building in Lincolnshire's mixed-use development.
      250 Parkway Dr, Lincolnshire, IL 60069
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      19,942 SF

      Retail Property on Milwaukee Avenue

      Retail space with high visibility and updated mechanicals for sale.
      625 Milwaukee Ave, Lincolnshire, IL 60069
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    • $60,000
      2.32 Acres

      Turnkey Salon in Buffalo Grove

      Established salon with prime location and excellent visibility.
      1101 Weiland Rd, Buffalo Grove, IL 60089
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      30,000 SF

      30,000 SF Corporate Headquarters Facility

      30,000 SF industrial facility with office and warehouse space.
      1051 Commerce Ct, Buffalo Grove, IL 60089
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      5,560 SF

      Retail Opportunity in Lincolnshire

      Retail spaces available in high-traffic Lincolnshire location.
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    • $159,900
      12,000 SF

      Turnkey Restaurant Business For Sale

      Well-established restaurant business with consistent revenue in prime location.
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    Nearby Similar for Sale

    • Contact for pricing
      162,739 SF

      Lincolnshire Office Building for Sale

      162,739 SF office building 100% leased to Sysmex America.
      577 Aptakisic Rd, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      70,004 SF

      CityPark Corporate Center Office Asset

      Class-A office building in Lincolnshire's mixed-use development.
      250 Parkway Dr, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      5,560 SF

      Retail Opportunity in Lincolnshire

      Retail spaces available in high-traffic Lincolnshire location.
      435 Milwaukee Ave, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      19,942 SF

      Retail Property on Milwaukee Avenue

      Retail space with high visibility and updated mechanicals for sale.
      625 Milwaukee Ave, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      26,021 SF

      Office Space Available in Lincolnshire

      8,911 SF office space for sale, immediate occupancy.
      585 Bond St, Lincolnshire, IL 60069
      View Details
    • $10,982,000
      13,296 SF

      KinderCare NNN Asset For Sale

      13,296 SF KinderCare NNN asset in Lincolnshire, IL.
      250 Marriott Dr, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      84,856 SF

      Free-Standing Industrial Facility in Lincolnshire

      Second-generation industrial facility with heavy office and parking.
      Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      75,372 SF

      Lincolnshire Theater Redevelopment

      75,000 SF former movie theater, prime location.
      300 Parkway Dr, Lincolnshire, IL 60069
      View Details
    • $5,250,000
      52,318 SF

      Lincolnshire Medical Retail Center

      Prime Medical Retail Space, 52,318 SF
      725 Milwaukee Ave, Lincolnshire, IL 60069
      View Details

    FAQs

    What type of property is this?
    Land - Prime Lincolnshire development site. 88,000 SF commercial land.
    Where is this land located?
    The property is located at 625 Margate Dr Lincolnshire, IL.
    What is the asking price?
    The asking price for this property is $700,000.
    (312) 927-2430
    Request Owner's contact information
    625 Margate Dr Lincolnshire, IL 60069
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    Lincolnshire, IL 60069
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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
    625 Margate Dr Lincolnshire, IL 60069
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