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    OFF-MARKET
    Land

    2305 Pembroke Ave, Hoffman Estates, IL 60169

    10.91 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10.91-acre parcel, located at 2305 Pembroke Avenue in Hoffman Estates, Illinois, presents a unique opportunity for industrial development. The property boasts an M1 - Manufacturing District zoning designation, providing flexibility for a wide range of industrial uses. Its strategic location offers unparalleled visibility from Interstate 90, with convenient access via nearby Barrington Road. This established infill site benefits from high traffic counts, with 149,500 vehicles daily on I-90 and 32,200 vehicles daily on Barrington Road. Situated approximately 32 miles northwest of downtown Chicago, this location provides excellent access to a major metropolitan area and its workforce. The property's PIN number is 07-06-200-013, and the annual property taxes are $63,305. The asking price for this prime industrial land is $1,500,000. This is an exceptional opportunity to acquire a well-located, sizable parcel in a thriving industrial area. Further information is available upon request.

    Property profile
    Verified
    Property type Land
    Lot 10.91 ac (475,240 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
    Current use
    Occupant on record · Public records
    • Hoffman Estates Public Works Public Works Department
    Value estimations
    Realmo proprietary · 4 methods
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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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