3109 Belvidere RdPark City, IL 60085

Property Details for 3109 Belvidere Rd

Lot size

1.12 AC

Property type

Land

Property subtype

Commercial land

APN

08-30-303-003

APU

830303003

Description

This exceptional 48,787 square-foot commercial land parcel presents a unique investment opportunity in Park City, Illinois. Located at 3109 Belvidere Road, this property boasts excellent visibility and accessibility on a busy thoroughfare with 28,000 vehicles passing daily (VPD). Its strategic location offers a dedicated turn lane and convenient access to public transportation, situated directly at a PACE bus stop. The property benefits from its prime position across from a Burger King, between a Wendy's and a Shell gas station, ensuring high foot traffic and brand recognition. Furthermore, its proximity to major roadways provides easy access to both Highway 41 and I-94, enhancing its appeal to a wide range of businesses. The property is only 2.5 miles from Downtown Waukegan and its picturesque lakefront, offering employees and customers convenient access to amenities and recreational activities. This site is ideal for ground lease or build-to-suit development, catering to a variety of commercial ventures. The property is situated in Lake County, Illinois, with a zip code of 60085. This is a rare chance to acquire a highly visible and strategically located commercial land parcel in a thriving area.

• Alternative Use

  Use

  Valuation

  Residential

  $10,082,999

  Hospitality

  $9,235,973

  Educational

  $7,684,221

  Medical

  $7,948,494

  Retail

  $11,953,233

Location Insight

City

Park City

County

Lake

State

Illinois

Latitude

42.3483

Longitude

-87.8794

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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