1640 W Lake Street offers 0.83 acres (±36,155 SF) of prime commercial land in the heart of Addison, IL. Located directly on highly traveled Lake Street, the site provides exceptional visibility, strong signage opportunities, and convenient access to major highways including I-355, I-290, and Route 83. Zoned B-2 (Community Business District), the property supports a wide range of commercial uses including retail, restaurants (with potential drive-thru approval), medical and professional offices, banks, personal services, and select automotive sales/service (verify with Village). Surrounded by dense residential neighborhoods and established commercial centers, the location benefits from consistent consumer demand and excellent area demographics. Flat, buildable, and utilities nearby, this parcel is well-suited for owner/users, developers, or investors seeking a high-profile site with immediate development potential in one of DuPage County’s most active corridors.