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    OFF-MARKET
    Land

    0 Nec Grand Ave & Deep Lk Rd, Lindenhurst, IL 60046

    1.34 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land opportunity spans 29 gross acres, with 10 net acres available, situated at the northeast corner of Grand Avenue and Deep Lake Road in Lindenhurst, Illinois (zip code 60046). The property is zoned for retail use and boasts significant advantages for developers. Existing infrastructure includes off-site detention and utilities already connected to the site. Furthermore, all Illinois Department of Transportation (IDOT) engineering is complete, streamlining the development process. The location offers unparalleled accessibility, being just 6.3 miles west of I-94, ensuring convenient access for customers and employees. This strategic location benefits from high visibility and proximity to key community anchors. Adjacent to the newly constructed $25 million Lake Villa Library (approximately 360,000 annual visitors), a Speedway gas station, and Vista Health facilities, this site enjoys a thriving commercial environment. Nearby neighbors include the Vista Medical Center - Lindenhurst Trip Facility, further enhancing the area's appeal and potential for significant foot traffic. The lot size ranges from 1.34 to 4.47 acres, offering flexibility for various development plans. This is a rare opportunity to acquire a well-positioned, fully-serviced commercial parcel in a rapidly growing area. The property's strategic location and existing infrastructure make it ideal for a variety of retail developments.

    Property profile
    Verified
    Property type Land
    Lot 1.34 ac (58,370 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
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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