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    OFF-MARKET
    Land

    0 Hawthorn Wood, Lake Zurich, IL 60047

    18 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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