Current Use by Public Records
- Land
Property Details for 0 Ave And Grace St
- Lot size
- 3.00 lot acres
- Property type
- Land
Description
This exceptional 5.6-acre commercial land parcel presents a unique investment opportunity in Lombard, Illinois. Located at the northwest quadrant of North Avenue and Grace Street, this property boasts approximately 588 feet of road frontage on North Avenue (SR 64) and offers convenient cross-access to Grace Street, providing excellent visibility and accessibility. The site is strategically positioned adjacent to a Starbucks and a CVS, within a thriving retail center, benefiting from high traffic counts of 45,000 vehicles per day (IDOT data). Zoned B-4, this versatile property allows for a wide range of uses, including automotive, mixed-use developments incorporating residential components, and other commercially viable options. The land's value is estimated at $4 to $7.45 per square foot, based on the gross buildable acreage. The property's location in DuPage County offers significant advantages, including proximity to major transportation arteries such as I-355 (1.5 miles away). The property's Parcel Identification Number (PIN) is 03-32-301-036-0000. This is a rare opportunity to acquire a substantial commercial land parcel in a high-traffic, well-established area with excellent zoning flexibility. The asking price is $990,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lombard
- County
- DuPage
- State
- Illinois
- Longitude
- -88.011
- Latitude
- 41.905
