1301 Half Day RdBannockburn, IL 60015

Property Details for 1301 Half Day Rd

Year built

1966

Construction

BRICK

Lot size

0.71 AC

Property size (Sq ft)

2,113 SF

Property type

Gas stations

APN

16-17-300-018

APU

1617300018

Description

This exceptional new retail development in Bannockburn, IL, offers three available spaces ranging from 1,700 to 6,950 square feet. Strategically located at the signalized intersection of Half Day Road and Waukegan Road in Lake County, this property boasts a prime location within a thriving commercial area. The site benefits from high visibility and accessibility, situated near two major grocery stores and hundreds of thousands of square feet of existing retail space. The thoughtful design includes multi-tenant shop space, drive-thru capabilities, and ample parking (250 spaces). This location provides convenient access to surrounding communities including Bannockburn, Lake Forest, Deerfield, Lincolnshire, and Highland Park. The significant daytime population density is further enhanced by a large concentration of office buildings, Deerfield High School, and the Midtown Athletic Club. Multiple access points are available, including convenient access through Mariano's. Large pylon signage opportunities are available on both Half Day Road and Waukegan Road, ensuring maximum brand visibility. This is an unparalleled opportunity for businesses seeking a high-traffic, easily accessible location in a prosperous North Shore community. The address is 1301 Half Day Rd, Bannockburn, IL 60015.

• CAP approach

  CAP return

  Valuation

  6%

  $560,845

  6.5%

  $517,703

  7%

  $480,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $540,587

  Geo Method

  $693,550

• Alternative Use

  Use

  Valuation

  Residential

  $436,702

  Hospitality

  $400,017

  Educational

  $332,809

  Medical

  $344,255

  Retail

  $517,703

Location Insight

City

Bannockburn

County

Lake

State

Illinois

Latitude

42.1996

Longitude

-87.862

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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