8000 Lemont Rd Downers Grove, IL 60516
- Land
- 14.00 lot acres
Current Use by Public Records
- Land
Property Details for 8000 Lemont Rd
- Lot size
- 14.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Downers Grove
- County
- DuPage
- State
- Illinois
- Longitude
- -88.0155
- Latitude
- 41.7427
