Property profile

35697 Us Highway 45 Lake Villa, IL 60046

OFF-MARKET
Land
8.5 ac lot
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Property summary

AI-generated overview

This exceptional 8.5-acre commercial land parcel presents a unique investment opportunity in Lake Villa, Illinois. Located at 35697 N. US Hwy. 45, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation, offering significant flexibility for a variety of commercial developments. The expansive lot size provides ample space for substantial projects, catering to a wide range of business needs. Strategically situated in Lake County, the property benefits from its annexation by the City of Gurnee, providing access to municipal services and infrastructure. The asking price for this prime commercial land is $1,300,000. Its convenient location along US Highway 45 ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure and convenient access for customers and employees. The 60046 zip code further underscores its strategic location within a thriving commercial corridor. This property is ready for development and represents a compelling investment opportunity for discerning buyers seeking a significant land holding in a prime location. Detailed zoning information and development possibilities are available upon request. Don't miss this chance to acquire this exceptional commercial land parcel.

Property profile

Verified
Property type Land
Lot 8.5 ac (370,260 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

35697 Us Highway 45 Lake Villa, IL 60046
Lake Villa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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