68 Irving Park Rd Streamwood, IL 60107
- Commercial real estate
- 4.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 68 Irving Park Rd
- Lot size
- 4.21 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.21-acre commercial land parcel presents a unique investment opportunity in the thriving Streamwood, Illinois trade area. Located at 68 E Irving Park Rd, this property boasts 576 feet of frontage on Irving Park Road, a major thoroughfare with over 28,217 vehicles passing daily. The site's PUD zoning allows for a wide range of development possibilities, including restaurant, multi-tenant retail, auto dealership, industrial, office, medical, senior housing, or residential uses. The property's strategic location offers excellent visibility and accessibility, situated just 0.1 miles east of Bartlett Road. Its proximity to established businesses like Jewel-Osco, 7-Eleven, McDonald's, Walgreens, the US Post Office, Burger King, and Chase Bank provides immediate access to a substantial customer base. The land comprises four parcels totaling approximately 4.21 acres and backs up to existing industrial/warehouse space to the west. 2020 property taxes were $21,678. This is a rare chance to acquire a sizable, well-located parcel with significant development potential in a bustling commercial corridor. The asking price is $1,400,000, translating to $332,542 per acre.
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
- Streamwood
- County
- Cook
- State
- Illinois
- Longitude
- -88.1807186
- Latitude
- 42.0137191
