Positioned in the heart of the O'Hare/Lake County industrial corridor, 901 MLK offers a rare 10-acre (9.87 AC) high-density Industrial Outdoor Storage (IOS) opportunity. This asset is strategically zoned M3 (Heavy Industrial), providing a mission-critical "low-coverage" site for national logistics providers, regional carriers, and institutional fleet operators.
In a market with tightening zoning restrictions and dwindling land for heavy-vehicle use, this site represents a high-barrier-to-entry asset with immediate proximity to the I-94 / I-294 / Rt-41 logistics spine.
Asset Specifications
Total Site Area: ±9.87 Acres
Zoning: M3 (Heavy Industrial) – Entitled for Truck Terminal, Fleet Parking, and Heavy Equipment Storage.
Surface: Heavy-duty paved/compacted gravel designed for high-tonnage axle loads.
Security Infrastructure: Institutional-grade perimeter fencing, automated electric gate entry, 24/7 cloud-based video surveillance, and high-lumen LED site lighting.
Configuration: Optimized for 53’ trailers with 12’ wide stalls, expansive drive aisles, and 75’+ deep-well parking options.
Strategic Location & Logistics Connectivity
Regional Reach: Positioned mid-way between the Chicago and Milwaukee metros, serving as a primary staging point for the Upper Midwest.
Intermodal Access: Minutes from I-94 and Route 41 (Skokie Hwy); immediate access to the Great Lakes Metra and proximity to Waukegan Regional Airport.
Institutional Neighborhood: Surrounded by major industrial players and directly adjacent to Naval Station Great Lakes, ensuring a stable, high-security environment.
Management & Scalability
Operating Model: Currently configured for multi-tenant or single-user occupancy.
Turnkey Operations: Professional on-site management, automated payment/access systems, and contract snow removal services in place.
Growth Potential: Significant upside in a high-demand, under-supplied asset class (IOS).