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Infill Land with Utilities at Line
For Sale
$526,204

+/-1.51 Acres Lake Street, Addison, IL 60101

Land, Addison, IL

Property SizeContact for details
Days on Market518

Property Features for +/-1.51 Acres Lake Street

General Information

Property type Land
Property subtype Other
Elementary school district 4
Middle school district 4
High school district 4
Directions South of Lake Street, east of Lombard Avenue
Subdivision Addison
Standard status Active
APN 0319208054

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 6646
Listing Agency: Flanagan Realty, LLC.
Listed By: Daniel Flanagan · License #471000084
Added: Mar 21, 2025 Changed: Aug 19 Last Checked: Aug 20 at 3:06PM
MLS# 12318626

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This improved commercial land site includes an access road that has been completed, with sewer and water services available at the property line. The property is positioned as a ready-to-develop building site for commercial uses.

It is located near the Lake Street and Lombard Rd intersection in Addison, IL, providing convenient access for prospective development and customer traffic. The listing remarks also identify potential uses such as medical office, auto service, fast food, hotel, or other retail.

Key Highlights

  • Infill location near the high‑traffic Lake St & Lombard Rd intersection
  • Improved building site with sewer and water at the property line
  • Access road completed

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Access road completed and sewer and water available at the property line for development.
Where is this commercial land located?
The property is located at +/-1.51 Acres Lake Street Addison, IL.
What is the asking price?
The asking price for this property is $526,204.
What are key features of this property?
This property features: Infill location near the high‑traffic Lake St & Lombard Rd intersection; Improved building site with sewer and water at the property line; Access road completed
More about this property
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