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234 Rand Rd
Lakemoor, IL 60051
Land For Sale · 0.74 AC

INVESTMENT HIGHLIGHTS

  • 33 surface parking spaces
  • Frontage along IL Route 120 (Rand Road), Willow Road and Riverside Drive
  • Located across from Lily Lake

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 0.74 AC
Zoning C-1
Parcel Numbers
Multiple
  • 10-32-481-003
  • 10-32-481-001
  • 10-32-481-065
  • 10-32-481-062
  • 10-32-481-063
  • 10-32-481-002
  • 10-32-481-004
  • 10-32-481-061
  • 10-32-481-064
  • 10-32-481-066

DESCRIPTION

This development site is owned by the Village of Lakemoor and is located at the northeast corner of Illinois Route 120 and Willow Road. This pro-business community is a new destination with high traffic regional transportation corridors and a market gap of nearly $500 million in un-met demand potential for general merchandise/food and drink establishments. It will bring residents in closer proximity to the basic goods and services that the village provides. Lakemoor offers strong governmental support and generous TIF and retail tax incentives.

  • Listing ID: 19704887

  • Date on Market: 5/28/2020

  • Last Updated:

  • Address: 234 Rand Rd, Lakemoor, IL 60051

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