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1160 Lake Cook Rd Buffalo Grove, IL 60089

Former grocery store, high traffic location

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional retail property in Buffalo Grove, Illinois, presents a significant investment opportunity. Located at the highly visible corner of Lake Cook and Arlington Heights Roads, this 61,650 square foot former Dominick's grocery store is the anchor tenant of an 87,425 square foot shopping center. The property boasts 18-foot clear ceiling heights and sits on a 5.67-acre lot, offering significant potential for redevelopment or repurposing. An additional ±26,627 square foot vacant outlot with approximately 145.5 feet of frontage on Lake Cook Road provides further development possibilities. The site benefits from exceptional visibility and accessibility, situated at the western end of Buffalo Grove's retail corridor, a prime location with high traffic counts: 38,158 vehicles daily on Lake Cook Road and 21,967 on Arlington Heights Road. The property is zoned B-3 PUD, general business, and is surrounded by a strong residential base, with 4,102 households within a one-mile radius. This presents a unique chance to acquire a substantial retail space with significant upside potential in a thriving market. The property's size, location, and zoning make it ideal for a variety of retail uses.

Highlights

  • 61,650 SF former grocery store with 26,627 SF vacant outlot.
  • 145.5' of Lake Cook Road frontage.
  • High-traffic corner location at Arlington Heights and Lake Cook Roads.
  • Anchor space in an 87,485 SF shopping center.
  • 18' clear ceiling heights.
  • High traffic counts: 38,158 VPD on Lake Cook Rd, 21,967 VPD on Arlington Heights Rd.

Property Details for 1160 Lake Cook Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
61,650 SF
Lot Size (sq. ft)
246,985 SF

Location Insight

City
Buffalo Grove
County
Lake
State
Illinois
Latitude
42.1549244
Longitude
-87.9836276

FAQs

What type of property is this?
Retail property - Former grocery store, high traffic location
Where is the retail property located?
The property is located at 1160 Lake Cook Rd Buffalo Grove, IL.
What are key features of this property?
This property features: 61,650 SF former grocery store with 26,627 SF vacant outlot.; 145.5' of Lake Cook Road frontage.; High-traffic corner location at Arlington Heights and Lake Cook Roads.
How can I contact the broker?
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1160 Lake Cook Rd
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