Land Redevelopment 2700 Lake Cook Rd 196,000 SF 100% Leased Office Building Riverwoods, IL 60015 For Sale

Located at 2700 Lake Cook Rd, Riverwoods, IL, this prime development site offers a unique opportunity for savvy investors and developers. The property features 46.27 acres of land, currently zoned for Office & Research One, the parcel strategically positioned along Lake Cook Rd, a major thoroughfare providing high visibility and easy access to key highways, including I-94 and I-294, as well as close proximity to O’Hare International Airport. The surrounding area is an affluent suburban community, characterized by strong demographics that make this site ideal for a variety of commercial and residential developments.
The site benefits from excellent connectivity to Chicago and the surrounding suburbs, enhancing its appeal for both retail and office spaces. Nearby amenities, including shopping centers, restaurants, schools, and recreational facilities, further add to its attractiveness for potential developers and tenants. Market analysis indicates a high demand for mixed-use developments in Riverwoods due to a growing population and economic activities, with limited availability of comparable sites offering a competitive edge.
Given the location and market trends, the property is well-suited for various development opportunities. It could be transformed into a retail center, office spaces, or hospitality ventures to capitalize on the traffic flow and accessibility. Alternatively, the site holds potential for upscale residential units or a mixed-use development that combines residential and commercial spaces, creating a vibrant community hub. The proposed use aligns with current market trends, emphasizing sustainable and multi-functional developments.
The property is For Sale “Subject to Offer”.