Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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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.
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