1555 WEST Lake St, Addison, IL 60101
For Sale
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This exceptional commercial land opportunity presents multiple outlots for sale in Addison, Illinois, ranging from 0.75 to 1.18 acres. Ideally situated in front of a Marcus Theatres location, these pad sites benefit from high visibility and accessibility. The property enjoys a strategic location near the heavily trafficked intersection of Lake Street and Rohlwing Road, further enhanced by its proximity to the I-355 and Lake Street interchange, boasting over 140,000 vehicles daily. This ensures significant exposure to a large consumer base. The surrounding area is anchored by a robust mix of established retailers, including prominent names such as Walmart, Sam's Club, XSport Fitness, ALDI, Goodwill, Chamberlain University College of Nursing, and a Hampton Inn & Suites. This established retail environment provides a strong foundation for future development and ensures a thriving commercial landscape. The address is 1555 W Lake St, Addison, IL 60101, within DuPage County. These outlots represent a rare chance to acquire prime commercial land in a high-demand location with excellent visibility and access to a substantial customer base. The size options cater to a variety of development plans, making this an attractive investment opportunity.
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Marcus Addison Cinema Cinema Theater & Performing Art Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.