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Property profile & analytics
OFF-MARKET
Land

0 Cor Of Ackman And Lakewood Rd Lake in the Hills, IL 60156

54,825 SF 1.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.26-acre commercial land parcel presents a unique investment opportunity in the thriving Lake in the Hills, Illinois market. Located at the highly visible southeast corner of Ackman and Lakewood Roads, this pad-ready site boasts a strategic position within a busy neighborhood shopping center. The property offers 54,825 square feet of developable land, priced competitively at $10 per square foot. Zoned B-2, it's ideally suited for a variety of commercial uses. Significant infrastructure is already in place, including water and sewer connections, a partially completed concrete parking lot, and off-site detention. Future development plans include a signalized intersection at this hard corner and a highway extension of Ackman Road to Route 47, promising increased visibility and accessibility. This location benefits from a strong demographic profile, with over 63,000 residents within a three-mile radius, representing a high-income residential area. The asking price for this ready-to-build site is $548,250. Don't miss this chance to capitalize on this prime retail location in a rapidly growing community. This property offers a compelling combination of location, infrastructure, and development potential, making it an ideal investment for discerning buyers.

Property profile
Verified
Property type Land
Total area 54,825 SF
Lot 1.26 ac (54,886 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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