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Property profile & analytics

2700 Lk Cook Rd Riverwoods, IL 60015-3867

  • Commercial real estate
  • 46.27 lot acres
OFF-MARKET
Value Estimations
$660,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1492711
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2700 Lk Cook Rd

Lot size
46.27 lot acres
Property type
Commercial real estate
APN
15-36-400-037
APU
1536400037

Description

This exceptional 46.27-acre site at 2700 Lake Cook Road in Riverwoods, Illinois, presents a rare redevelopment opportunity on Chicago's North Shore. The property boasts a 196,000 square foot, Class A building constructed in 1986, currently vacant, situated on a single two-story building. Its prime location offers unparalleled visibility and accessibility, benefiting from a full 4-way interchange at Lake Cook Road, with a daily traffic count of 46,900 vehicles. Proximity to I-294 (with a daily traffic count of 114,800) further enhances its strategic advantage. The property is zoned for Office & Research One, allowing for diverse redevelopment options. Potential projects include single-family homes, townhomes, multifamily buildings, senior housing, hotels, sports, and entertainment venues. The surrounding area exhibits strong demographics, with a median household income of $114,864 and a median home value of $437,250 within a 3-mile radius. The property's APN is 15-36-400-037. This is a non-divisible site, offering a unique chance to develop a significant project in a thriving suburban market. The property is classified as Multifamily, Office, Mixed Use, and Land, suitable for redevelopment projects. This is a truly exceptional opportunity for investors seeking a large-scale development project in a high-demand location. The property's size and zoning provide significant flexibility for a wide range of development concepts.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $660,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Riverwoods
County
Lake
State
Illinois
Longitude
-87.8947
Latitude
42.1554
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$513,293
$1,054,802
$5,023,226
$6,078,028
-
$5,632,733
$15,071,185
$20,703,918
More about this property
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