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    OFF-MARKET
    Land

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

    3.75 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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