31535 N US Highway 12 - Commercial LAND FOR SALE


Lakemoor, IL 60073 618,552 SF
$8,950,000 USD
847-875-8201
31535 N US Highway 12, Lakemoor, IL for Sale
$8,950,000 USD
Commercial LAND - FOR SALE
1/58
618,552 SF

31535 N US Highway 12
Lakemoor, IL 60073


HIGHLIGHTS

  • Water is located on the north side of the property on Route 120. Sewer is located on the west side of Route 12.

OVERVIEW

Prime Commercial Development Opportunity - 14.2 Acres Located at the bustling intersection of Rt 120, Rand Road (Rt 12), and Gilmer Road, this expansive 14.2-acre site (9.3 acres + 4.9 acres) offers unmatched visibility with a daily traffic count exceeding 50,000. Zoned C3 Regional Commercial District, the property supports a wide range of business uses, making it an ideal location for new dealerships, quick-service restaurants (QSRs), strip centers, or mid-size box stores. The site features a six drive-through bays equipped with 4-ton cranes, and twelve electric doors with 16-ft clearance for seamless access. With invested in recent renovations, including a tube heat system throughout, this property is ready for development or expansion. Positioned in a thriving commercial corridor, this prime location offers incredible potential for businesses seeking maximum exposure. Don't miss the chance to secure this premier investment opportunity. The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/ACRE

$630,282/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Car Wash, Hold for Development, Lumberyard, Planned Unit Development, Restaurant, Retail Warehouse, Service Station, Warehouse

LAND ACRES

14.2 AC

LAND SF

618,552 SF

OFFSITE IMPROVEMENTS

-

ZONING

B-2

APN/PARCEL ID

09-03-203-006

ASK ABOUT THIS PROPERTY

Robb SattenRobb SattenMore Info
847-875-8201

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Robb SattenRobb SattenMore Info
847-875-8201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.