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28875 Route 120 - Rt 120 & Darrell Rd 1.28 Acres of Commercial Land Offered at $695,000 in Lakemoor, IL 60051
Investment Highlights
- Located at signalized intersection of Route 120 & Darrell Rd.
- Zoned C-3 allowing retail, office, and service uses.
- Adjacent to Walgreens with shared access and joint curb cut.
- Strong traffic counts: ±26,100 VPD (Route 120) and ±7,300 VPD (Darrell Rd).
Executive Summary
Property Facts
| Price | $695,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.28 AC |
| Property Type | Land | ||
| Zoning | C-3 - Commercial | ||
| Price | $695,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.28 AC |
| Zoning | C-3 - Commercial |
1 Lot Available
Lot
| Price | $695,000 | Lot Size | 1.28 AC |
| Price Per AC | $542,968.75 |
| Price | $695,000 |
| Price Per AC | $542,968.75 |
| Lot Size | 1.28 AC |
The subject property consists of approximately 1.28 acres of commercial land located at the signalized intersection of Route 120 and Darrell Road in Lakemoor, Illinois. The site is level and features approximately 184 feet of frontage along Route 120
Description
This commercial land parcel is zoned C-3, allowing for a wide range of retail, office, and service-related uses. Positioned adjacent to a Walgreens at a signalized intersection, the site benefits from established surrounding retail activity and consistent vehicle traffic. With all utilities brought to the site and a shared access agreement already in place, the property offers a streamlined path for development. The location supports various commercial concepts, including quick-service restaurants, banks, medical office, and retail users looking to capitalize on strong area demographics and visibility.
Property Taxes
| Parcel Number | 09-04-109-082 | Improvements Assessment | $0 |
| Land Assessment | $162,420 | Total Assessment | $162,420 |
Property Taxes
Presented by
28875 Route 120 - Rt 120 & Darrell Rd
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