- For Sale $850,000
- Property Type VacantLand
- Lot Size 0.75 Acre
- Year Built 2022
- Date Updated May 14, 2026
Description
Located in Streamwood, Illinois, in suburban Cook County, 701 E Lake St offers a prime location. 36,900 Vehicles per day pass this exceptional site on a major retail arterial, currently zoned I-2 Industrial. Situated within the vibrant Chicago metropolitan area, the location provides easy access to major transportation arteries, including major highways and O'Hare International Airport. The diverse economy of Suburban Chicago boasts a strong industrial base, making it an ideal location for businesses seeking to tap into a robust workforce and strategic distribution networks. The nearby attractions such as the NOW Arena and Spring Valley Nature Center offer recreational opportunities for employees and visitors to the area, enhancing the overall appeal of the location for industrial and very promising retail, land use purposes.Introducing a prime development opportunity in the heart of the Northwest Suburbs! Bring your industrial project to this shovel-ready site with an existing billboard generating $18,000 in rental income annually. This site is currently Zoned I-2. The high visibility, existing curb cut, and daily traffic count of 36,900 Vehicles per day offer a lucrative prospect for a change in zoning to facilitate a retail development or quick service restaurant. This site presents a compelling space for warehouse, manufacturing, distribution, or retail operations. Bring your development to this exquisite site.
Highlights
- 2023 Taxes: $ $4,242.37
- 32,670 SF Site
- Approximately 35 miles from downtown Chicago
- Curb cut on Lake Street
- Ideal location for retail, gas, or QSR
- Just 6 minutes to the I-390 interchange at Lake Street to O’Hare International Airport
- Large billboard with $18,000/year income and increases $1,500 every 5 years
- Less than a mile from the Hanover Park Metra Station
- PIN Number: 06-35-400-005
- Signalized intersection
- Traffic Counts: 36,900 vehicles per day on Lake Street
- Utilities on site
- Zoned I-2 General Industrial PUD
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Contacts
David Coupe
SVN | Chicago Commercial
Location
Contact Listing Broker
David Coupe
SVN | Chicago Commercial