0 Sec Half Day Rd And Milwaukee Ave, Lincolnshire, IL 60069
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.