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31535 N US Highway 12
Lakemoor, IL 60073
Land For Sale · 14.20 AC

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Investment Highlights

  • Water is located on the north side of the property on Route 120. Sewer is located on the west side of Route 12.

Executive Summary

Prime Commercial Development Opportunity - 14.2 Acres Located at the bustling intersection of Rt 120, Rand Road (Rt 12), and Gilmer Road, this expansive 14.2-acre site (9.3 acres + 4.9 acres) offers unmatched visibility with a daily traffic count exceeding 50,000. Zoned C3 Regional Commercial District, the property supports a wide range of business uses, making it an ideal location for new dealerships, quick-service restaurants (QSRs), strip centers, or mid-size box stores. The site features a six drive-through bays equipped with 4-ton cranes, and twelve electric doors with 16-ft clearance for seamless access. With invested in recent renovations, including a tube heat system throughout, this property is ready for development or expansion. Positioned in a thriving commercial corridor, this prime location offers incredible potential for businesses seeking maximum exposure. Don't miss the chance to secure this premier investment opportunity. The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Carwash
  • Hold For Development
  • Lumberyard
  • Planned Unit Development
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Warehouse
Total Lot Size 14.20 AC
Zoning B-2 - C-3, REGIONAL COMMERCIAL DISTRICT.

1 Lot Available

Lot

Price $8,950,000
Price Per AC $630,281.69
Lot Size 14.20 AC

Description

The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

Property Taxes

Property Taxes

Parcel Number
09-03-203-006
Land Assessment
$1,260,356
Improvements Assessment
$216,514
Total Assessment
$1,476,870
  • Listing ID: 36725183

  • Date on Market: 7/14/2025

  • Last Updated:

  • Address: 31535 N US Highway 12, Lakemoor, IL 60073

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