Property profile

0 Hawthorn Wood Lake Zurich, IL 60047

OFF-MARKET
Land
18 ac lot
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Property summary

AI-generated overview

This exceptional 18-acre industrial land parcel presents a compelling investment opportunity in the desirable Lake Zurich, IL market. Located in Hawthorn Woods, within Lake County, and conveniently situated at zip code 60047 (latitude 42.1970343, longitude -88.0935013), this property offers significant potential for various development projects. The land is zoned ORD, allowing for a wide range of uses, including all types of manufacturing, storage, warehousing, distribution, research and development, and technology-based businesses. The site is divisible into smaller units, accommodating flexible development plans, or it can support a build-to-suit project up to 350,000 square feet. Benefitting from low Lake County real estate taxes, this location offers significant advantages. Its proximity to the Lake Zurich Industrial Park provides excellent access to infrastructure and amenities. The possibility of a CN Rail spur adds further logistical appeal, while outside storage is also permitted. The land is priced at $5.95 per square foot, representing a strong value proposition given its size, zoning, and location. This property is ideal for developers seeking a prime location with diverse development options.

Property profile

Verified
Property type Land
Lot 18 ac (784,080 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hawthorn Wood Lake Zurich, IL 60047
Lake Zurich metro
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Value estimations

Realmo proprietary · 4 methods
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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
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