Hawthorn Wood Lake Zurich, IL 60047
- Land
- 18.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hawthorn Wood
- Lot size
- 18.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
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
- Lake Zurich
- County
- Lake
- State
- Illinois
- Longitude
- -88.0935
- Latitude
- 42.197
