Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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