Cor Of Ackman And Lakewood Rd Lake in the Hills, IL 60156
- Land
- 54,825 SF
- 1.26 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cor Of Ackman And Lakewood Rd
- Lot size
- 1.26 lot acres
- Property size
- 54,825 SF
- Property type
- Land
Description
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.
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
- Lake in the Hills
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3837
- Latitude
- 42.2046
