3250 Lincoln Hwy, Park Forest, IL 60466-1085
This exceptional 4.5-acre commercial property, located at 3250 Lincoln Hwy in Park Forest, Illinois (Cook County, zip code 60466), presents a unique investment opportunity. The site boasts a substantial 49,500 square feet and is zoned C2 Mixed Use District, offering considerable development flexibility. With approximately 385 feet of frontage on Lincoln Highway, the property enjoys high visibility and accessibility. All necessary utilities are readily available on-site, simplifying development plans. The location offers convenient access to major regional roadways and is within walking distance of the Metra Electric Line commuter stop at 211th Street, enhancing its appeal and potential for transit-oriented development. The property's APN is 31-23-412-056-0000. While some deferred maintenance is present, this presents an opportunity for value-add improvements. Furthermore, the site's proximity to other parcels allows for potential expansion or consolidation to align with the Village of Park Forest's Transit Oriented Development Plan. This prime location and substantial size make this property ideal for a variety of retail developments.
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Duncan Garage Door's Repair Service Hardware & Home Improvement General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.