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8647 W Higgins Rd - Glenstar O'Hare 3.54 Acres of Commercial Land Offered at $3,900,000 in Chicago, IL 60631
Executive Summary
8647 Higgins is a large, 3.55 acre infill development opportunity with prominent exposure along I-90. The site is located about 25 minutes outside of downtown Chicago, and next to two extremely high barrier to entry suburban markets - Park Ridge & Rosemont. Further, the site offers unparalleled access to I-90, I-294 and O’Hare International Airport. 8647 Higgins is part of a planned mixed-use development with a live-work-play focus. The site is adjacent to bustling Class A office, a Marriott hotel and a future multifamily development.
Property Facts
| Price | $3,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Office |
| No. Lots | 1 | Total Lot Size | 3.54 AC |
| Property Type | Land | ||
| Zoning | PD | ||
| Price | $3,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 3.54 AC |
| Zoning | PD |
1 Lot Available
Lot
| Price | $3,900,000 | Lot Size | 3.54 AC |
| Price Per AC | $1,101,694.92 |
| Price | $3,900,000 |
| Price Per AC | $1,101,694.92 |
| Lot Size | 3.54 AC |
210,400 vehicles per day on Kennedy Expressway (I-90) 24,100 vehicles per day on Higgins Road (Rt 2) ,14,800 vehicles per day on E River Rd
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Property Taxes
| Parcel Number | 12-02-301-019-0000 | Improvements Assessment | $3,366 |
| Land Assessment | $770,565 | Total Assessment | $773,931 |
Property Taxes
Parcel Number
12-02-301-019-0000
Land Assessment
$770,565
Improvements Assessment
$3,366
Total Assessment
$773,931
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8647 W Higgins Rd - Glenstar O'Hare
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