40 Us Highway 45 Highway,Lindenhurst, IL 60046
Lindenhurst, IL 60046
Description
The hard corner of US Highway 45 and East Grand Avenue (Route 132) is one of the last developable, build-ready commercial parcels on this corridor - 7.44 acres, CB-zoned, utilities to the site, and approximately 15,000 vehicles per day at a lighted intersection. This is not a speculative location. Two residential projects are already delivering rooftops directly to this trade area: a 70-unit luxury townhome complex immediately to the west and a 55+ community now under construction. Average household incomes within the immediate trade area exceeds Lake County average. The demand infrastructure is already in place. The site is flat, fully served (sewer, water, electric, gas), and zoned Community Business - a classification that accommodates quick-serve restaurants, medical and professional office, convenience retail, multi-tenant strip development, and drive-through uses without variance. The seller is actively open to parcel division, build-to-suit lease structures, or joint venture arrangements. This is a rare opportunity to control the corner - and shape what gets built on it.
Details
| MLS # | 12618820 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 165 |
| Listing Provided By | Keller Williams North Shore West | Anna Linscheid |
Features
| Acreage | 7.44 |
|---|
Utilities
| Utilities | Electric to Site, Natural Gas Available, Water Available |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 35383 |
Area Information
| State | IL |
|---|---|
| County | Lake |
| City | Lindenhurst |
| Zip Code | 60046 |
| Area | Lake Villa | Lindenhurst |
| Listing VS Median (in 60046) | |
Price: $2,999,999 low | high Med: $380,000 On site: 165 low | high Med: 45 | |
Market Activity 60046
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Lindenhurst |
| Zip Code | 60046 |
| Area | Lake Villa | Lindenhurst |
| Listing VS Median (in 60046) | |
Price: $2,999,999 low | high Med: $380,000 On site: 165 low | high Med: 45 | |
