253 Lake St, Bartlett, IL 60103
This exceptional 1.66-acre commercial land parcel presents a unique investment opportunity in the thriving Bartlett, Illinois market. Situated in the desirable Lake Street Corridor TIF District, this property boasts 200 feet of frontage along heavily trafficked Lake Street (Route 20), ensuring high visibility and accessibility. The location benefits from excellent connectivity to county, state, and interstate highways, making it easily accessible for both employees and customers. The site is positioned at a well-lit intersection with strong traffic counts, further enhancing its commercial appeal. Surrounded by a high-density residential area, this property offers a robust customer base for a variety of commercial ventures. The site's characteristics are ideally suited for the development of a multi-tenant strip mall or a freestanding quick-service restaurant with drive-thru capabilities. The property's address is 253 E Lake St, Bartlett, IL 60103, within Cook County. This is a rare opportunity to acquire a strategically located commercial land parcel in a rapidly growing area. Don't miss this chance to capitalize on the potential of this prime Bartlett location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.