Current Use by Public Records
- Land
Property Details for 0 Lake St
- Lot size
- 1.33 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 1.77-acre industrial development site, located within the Streamwood Corporate Center in Cook County, Illinois, presents a unique opportunity for businesses seeking a strategic location and flexible development options. Situated on E Lake St in Streamwood, IL 60107, this property boasts high visibility due to its location on Route 20 (Lake St.), ensuring significant exposure for any future development. The site offers a generous land area ranging from 1.33 to 1.77 acres, allowing for the construction of buildings with square footage ranging from 15,000 to 20,000 square feet. The property is zoned for industrial use (I-1), providing flexibility in building design and functionality. Its proximity to the Elgin O'Hare Expressway ensures convenient access to major transportation routes, facilitating efficient logistics and distribution. A significant advantage is the presence of a 6B Tax Abatement, offering potential cost savings for developers. This prime location, combined with the flexible building sizes and layouts, and the tax abatement, makes this an exceptional investment opportunity for businesses seeking to establish or expand their operations in a thriving industrial area. The property's high visibility and convenient access make it an ideal choice for a wide range of industrial uses.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Streamwood
- County
- Cook
- State
- Illinois
- Longitude
- -88.173
- Latitude
- 42.0291
