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701 E Lake St
Streamwood, IL 60107

$850,000 USD

Land For Sale  •  0.75 AC

Property Details

  • Property Type Land
  • Lot Size 0.75 AC
  • Zoning I-2
0 Transit Score
47 Walk Score

Description

Located in Streamwood, Illinois, in suburban Cook County, 701 E Lake St offers a prime location. 36,900 Vehicles per day pass this exceptional site on a major retail arterial, currently zoned I-2 Industrial. Situated within the vibrant Chicago metropolitan area, the location provides easy access to major transportation arteries, including major highways and O'Hare International Airport. The diverse economy of Suburban Chicago boasts a strong industrial base, making it an ideal location for businesses seeking to tap into a robust workforce and strategic distribution networks. The nearby attractions such as the NOW Arena and Spring Valley Nature Center offer recreational opportunities for employees and visitors to the area, enhancing the overall appeal of the location for industrial and very promising retail, land use purposes.

Highlights

Zoned I-2 General Industrial PUD | Utilities on site | Signalized intersection | Curb cut on Lake Street
Large billboard with $18,000/year income and increases $1,500 every 5 years | Traffic Counts: 36,900 vehicles per day on Lake Street
35 miles from downtown Chicago | Just 6 minutes to the I-390 interchange at Lake Street to O’Hare International Airport
Less than a mile from the Hanover Park Metra Station
Ideal location for retail, gas, or QSR
2023 Taxes: $ $4,242.37

Public Transportation

Commuter RailDriveWalkDistance
Hanover Park Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 19 min 1.0 mi
Bartlett Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 32 min - 25.7 mi
Chicago Midway International 47 min - 36.2 mi
David Coupe 847-812-8414 SVN
David Coupe 847-812-8414 SVN