Commercial / Multi-Family Development Opportunity. Prime corner of highly traveled Lake St. Route 20 and Gary Ave. in DuPage County. Currently 8.78 AC available for development, other parties are considering participation, which would allow a total of + - 10 AC for development. Traffic count according to IDOT for Lake St. (2021) is 32,300 VPD, Gary Ave. (2020) count is 18,400 VPD. The Elgin O'Hare has major access North and South from Gary Ave. leading directly to this site. The total development would allow approximately 502 Ft of frontage on Lake St. and 620 Ft on Gary Ave. The entire development would be Lake St. to the North Webster Ave to the South. Gary Ave to the East and Thorn Rd to the West. This entire site is currently unincorporated DuPage County but would be annexed into the town of Hanover Park once developed. A meeting has been held with Hanover Park, they are supportive in making a development. Sewer and Water have been brought by Hanover Park to the Northwest corner of Lake St. and Thorn Ave. The N/W - N/E - S/E corners are already developed, making this the last major corner available for development.
