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    OFF-MARKET
    Land

    59 Illinois Rte, West Chicago, IL 60185

    3.94 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.94-acre commercial land parcel presents a unique investment opportunity in West Chicago, Illinois, at the heavily trafficked intersection of Route 64 and Route 59. Zoned B3, this property is ideally suited for retail development, aligning perfectly with the Village's vision for the area. Situated just south of the intersection, the lot benefits from excellent visibility and accessibility, ensuring high exposure to the substantial daily traffic flow. Existing infrastructure includes utilities readily available at the site, eliminating significant upfront development costs. Off-site detention is already in place, simplifying the permitting process. The property is conveniently located east of DuPage County Airport and boasts a thriving retail environment in close proximity, including established businesses such as Dunkin' Donuts, Subway, McDonald's, Dollar Tree, Fifth Third Bank, Steak 'n Shake, and Hardee's. Importantly, there are no Menards restrictions impacting development plans. This prime location, coupled with its size and advantageous zoning, makes this a compelling opportunity for investors seeking high-return retail development in a bustling western suburb of Chicago. The asking price is $699,000. The property's zip code is 60185.

    Property profile
    Verified
    Property type Land
    Lot 3.94 ac (171,626 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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