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    OFF-MARKET
    Land

    8000 Lemont Rd, Downers Grove, IL 60516

    14 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14-acre industrial land parcel presents a compelling investment opportunity in Woodridge, Illinois. Located at 8000 Lemont Road, 60516, this property boasts an ORI zoning designation, permitting a variety of uses including light manufacturing, office space, and logistics/transportation facilities. Its strategic location offers easy access to regional transportation networks, making it an ideal site for businesses needing efficient distribution capabilities. The site benefits from being in a pro-business municipality with low DuPage County taxes, further enhancing its attractiveness. The surrounding area demonstrates strong market performance, with a 97% occupancy rate within the 12.7 million square foot office-warehouse sector. This infill opportunity allows for immediate development, capitalizing on the high demand for industrial space in this thriving region. The property's centralized location and access to major transportation arteries provide unparalleled logistical advantages. This is a rare chance to acquire a significant land parcel in a highly sought-after area, poised for immediate development and long-term growth. The asking price is $2,750,000.

    Property profile
    Verified
    Property type Land
    Lot 14 ac (609,840 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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