Property profile

0 Sec Half Day Rd And Milwaukee Ave Lincolnshire, IL 60069

OFF-MARKET
Land
3.75 ac lot
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Property summary

AI-generated overview

Two exceptional development parcels totaling approximately 7 acres are available in Lincolnshire, Illinois, at the hard corner of Half Day Road and Milwaukee Avenue, and an adjacent site on Marriott Drive. The main parcel, a 3.75-acre site (approximately 2.75 acres buildable), boasts an impressive 55,000+ vehicles per day traffic count, with 416 feet of frontage on Half Day Road and 252 feet on Milwaukee Avenue. This high-profile location is ideal for a variety of uses, including retail, restaurant (with drive-thru capability), office, hospitality, automotive, daycare, medical, senior living, or nursing facilities. The adjacent parcel, approximately 3.25 acres (part of a larger 27-acre site including wetlands), is situated at a four-way stoplight intersection on Marriott Drive. Both sites are conveniently located near the Marriott Lincolnshire Resort and a full interchange at I-294/Half Day Road. The parcels are zoned B-2 and can be purchased individually or together for a total asking price of $3,850,000. The corner lot is priced at $2,300,000, and the adjacent parcel is priced at $1,550,000. This presents a unique opportunity for developers seeking high-visibility locations with significant traffic volume in a thriving suburban market.

Property profile

Verified
Property type Land
Lot 3.75 ac (163,350 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Sec Half Day Rd And Milwaukee Ave Lincolnshire, IL 60069
Lincolnshire metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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