Listed by Cushman & Wakefield - Rosemont, Illinois, Cushman & Wakefield - Chicago, Illinois
$8,098,675
17535, 17545 & 17869 LaGrange Road
Details
Property Type Land
Sub Type Commercial
Acreage 26.560
Zoning B-3 (General Business and Commercial); R-1 (Single-Family Residential)
Parking Spaces 416 spaces
Land | 26.56 acres
Marketing description
Located within one of the Chicago suburbs’ fastest-growing commercial corridors, 17535, 17545 & 17869 LaGrange Road in Tinley Park consists of three land parcels totaling ±26.56 acres and boasts both high visibility as well as immediate access via LaGrange Road/U.S. Route 45, as well as sitting a mile from the I-80 four-way interchange. With flexible zoning, the potential for prominent signage on a high-traffic route, and an established residential and commercial location, this property presents a unique opportunity for developers seeking a dynamic location in an active, growing suburban market.
17535, 17545 & 17869 LaGrange Road is located within Will
County, one of Chicago fastest growing markets, bolstered
by a pro-business climate and low taxes. The property fronts
LaGrange Road/U.S. Route 45, a major arterial route, and
quickly connects to the region’s road network — the site is
less than a mile to I-80. The location draws from a robust
workforce, and is a proven location for retail development,
with adjacent commercial, flex/industrial and professional
service businesses.
Investment highlights
- ±26.56-acre land site (3 parcels)
- Currently zoned B-3 (General Business and Commercial) and a portion of NWC zoned R-1 (Single-Family Residential), the City of Tinley Park desires this site to be utilized for a combination of retail and residential development, supporting a diversity of commercial business and residential uses
- Utilities to the site
- The 0.41-acre parcel to the northeast of the subject site is owned by the City of Tinley Park and is available for a separate purchase
- Strong retail and service synergy — the site is within an established retail and commercial area and is surrounded by major national and regional brands, including Walmart, Costco, Aldi, Harley-Davidson, Starbucks, Hilton, CVS and Northwestern Medicine — ensuring high consumer draw and traffic counts
- Adjacent to dozens of commercial and professional businesses, as well as abundant amenities
- Immediate ingress/egress to LaGrange Road/Route 45
- Opportunity for prominent signage fronting LaGrange Road/U.S. Route 45 (41,400 vehicles per day, per IDOT)
- Broad and skilled workforce across business, retail, construction and finance sectors, with 71.0% employed in white collar jobs
- Low Will County taxes
- Excellent school system; Victor J Andrew High School awarded 10/10 by Great Schools Ratings
- ±12.2 Acres B-3 General Business and Commercial Building Total 76,300 SF | Parking Total 416 Spaces
- ±11.3 Acres Proposed R-6 (Residential) 59 Dwelling Units | Parking Total 2 Per Unit
Listing Contacts
Listed by Cushman & Wakefield - Rosemont, Illinois, Cushman & Wakefield - Chicago, Illinois
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