1160 Lake Cook RdBuffalo Grove, IL 60089

Property Details for 1160 Lake Cook Rd

Lot size

5.67 AC

Property type

Commercial real estate

APN

15-32-308-019

APU

1532308019

Description

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.

Location Insight

City

Buffalo Grove

County

Lake

State

Illinois

Latitude

42.1546

Longitude

-87.9837

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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