847-775-1526
901 Martin Luther King Jr Dr, North Chicago, IL for Sale
Industrial LAND - FOR SALE
1/3
87,120 SF

901 Martin Luther King Jr Dr
North Chicago, IL 60064


HIGHLIGHTS

  • High-traffic area with strong demographics
  • Close proximity to major highways and public transportation
  • Nearby amenities include shopping centers, restaurants, and residential neighborhoods

OVERVIEW

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).

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime 9.87-acre industrial site | Zoned M3

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Parking Lot, Truck Terminal

LAND ACRES

2 AC

LAND SF

87,120 SF

OFFSITE IMPROVEMENTS

-

ZONING

M3

APN/PARCEL ID

12-04-300-027,12-04-300-040,12-04-300-042,12-04-300-043

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George D901Mlk Parking & StorageMore Info
847-775-1526

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George D901Mlk Parking & StorageMore Info
847-775-1526

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