Property summary
This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in Lakemoor, Illinois. Located at 28590 IL-120, this fee-simple property boasts a prime location on Route 120, enjoying over 320 feet of frontage and exposure to over 20,000 vehicles daily. Zoned C3-PUD, the site is ready for a variety of commercial or industrial developments, including retail, restaurants, or office spaces. Utilities are readily available, with electric and gas on-site and sewer options nearby. The level lot features existing outdoor lighting. The Village of Lakemoor actively supports development and is open to assisting with plans, potentially including the installation of a traffic signal to further enhance accessibility. This high-visibility location in Lake County, zip code 60051, offers unparalleled potential for significant return on investment. Don't miss this chance to capitalize on the high traffic count and prime location to build your next commercial venture. The property is priced at $614,900.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.