900 Cottage St Shorewood, IL 60404
- Land
- 7.25 lot acres
Current Use by Public Records
- Land
Property Details for 900 Cottage St
- Lot size
- 7.25 lot acres
- Property type
- Land
Description
This exceptional 7.25-acre property presents a unique commercial development opportunity in Shorewood, Illinois. Strategically located along I-55 and Route 59, this site boasts significant traffic volume, with I-55 seeing 68,200 vehicles and 13,800 trucks daily, and Route 59 experiencing 1,275 trucks daily. The property is divided into two distinct parcels. A 4.12-acre parcel is zoned ORI, encompassing a +/- 10,500 square foot building. Permitted uses under the ORI zoning include warehouses, commercial kitchens, and laboratories. A separate 3.13-acre parcel is zoned B-2 and includes two existing single-family homes. The property offers tremendous potential for a variety of commercial ventures, including retail, restaurants, dealerships, or even a hotel. Importantly, industrial, truck storage, or similar uses are not permitted. This location benefits from its inclusion in a Tax Increment Financing (TIF) district with approximately 18 years remaining. Water and sewer services are readily available on-site. This is a rare chance to acquire a substantial commercial land parcel in a high-traffic area with excellent zoning and infrastructure. Don't miss this opportunity to capitalize on the significant development potential of this prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shorewood
- County
- Will
- State
- Illinois
- Longitude
- -88.1969
- Latitude
- 41.5128
