Property profile

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

OFF-MARKET
Land
1.34 ac lot
Saved · see the list in your Dashboard

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

Location

Nec Grand Ave & Deep Lk Rd Lindenhurst, IL 60046
Lindenhurst metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Nec Grand Ave & Deep Lk Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message