0 Swc Of Lk Cook Rd & Milwaukee AveLincolnshire, IL 60089

Property Details for 0 Swc Of Lk Cook Rd & Milwaukee Ave

Lot size

17.00 AC

Property type

Land

Description

This exceptional 17-acre commercial land parcel presents a remarkable investment opportunity in Lincolnshire, Illinois. Strategically located at the southwest corner of Lake Cook Road and Milwaukee Avenue, this property boasts a highly desirable MXC zoning designation, permitting mixed-use residential and commercial development. Its prime location offers unparalleled access to major transportation arteries, including I-294, ensuring convenient connectivity for residents and businesses alike. The site benefits from substantial daily traffic counts, with over 21,400 vehicles traversing Milwaukee Avenue and over 33,900 on Lake Cook Road. Furthermore, the property's proximity to Prairie Park at Wheeling, a luxury condominium development, underscores its potential for high-end residential construction. Utilities are readily available, and convenient access is provided via Lake Cook Road, with a completed bridge access and additional access from Wolf Road. Off-site detention is already in place, simplifying the development process. The property is situated within the highly-rated Wheeling Community Consolidated School District 21 and High School District 214, adding to its appeal. This exceptional location, coupled with its zoning and infrastructure advantages, makes this a truly unique opportunity for a lucrative development project. The asking price is $7,000,000. Detailed information is available upon request.

Location Insight

City

Lincolnshire

County

Wheeling

State

Illinois

Latitude

42.1794

Longitude

-87.9253

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