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Commercial

Auction - 3.24 AC Fully Improved Parcel | 16K VPD | Chicago MSA

4B Fernwood Dr, Bolingbrook, IL 60440

Listing Price: $125,000

Lot Size
3.24 acres
Price/Acre
$38,580
Land Type
Land

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace

Marcus & Millichap is pleased to present a 3.24-acre parcel located at 4B Fernwood Drive (the “Property”) in Bolingbrook, Illinois just outside Chicago. The Property offers an exceptional development opportunity in a robust trade area with a high barrier to entry.

The Property is vacant land and consists of a single parcel totaling 3.24 acres which can be divided. The Property is 100% net buildable as detention is accommodated offsite. The Property is surrounded by commercial development including fast casual restaurants, motels, office, and industrial facilities with easy access to interstates. Retail demand generators in the area include Walmart, Aldi, Bank of America, Starbucks, Tony’s Fresh Market, Walgreens, Menards, Dollar Tree, numerous hotels, and more. The Property has ±433 feet of frontage on Lilly Cache Lane, benefitting from access and visibility to traffic counts of ±16,600 vehicles per day. The Property is zoned B-4, commercial urban redevelopment, which allows for many commercial uses including retail, professional office, restaurant, hotel (special use), pharmacy, financial institution, and more.

Positioned in Will County, Bolingbrook is a vibrant suburb known for its diverse economy, robust infrastructure, and strong community spirit. The town benefits from its proximity to major transportation corridors, including I-55 and I-355, providing easy access to downtown Chicago, O'Hare Airport, and Midway Airport. The Property benefits from a prime location just north of I-55 with direct access to the greater metro area. The Property further benefits from strong demographics with a population of 174,496 residents and an average household income of $123,592 within a 5-mile radius.

Investment Highlights

  • STARTING BID $125,000 | 3.24 AC Fully Improved Parcel | Chicago MSA | AUCTION APRIL 29 – MAY 1
  • Fully Improved 3.24-Acre Path of Growth Parcel Including Offsite Detention
  • Favorable B-4 Zoning (Commercial Urban Redevelopment) with Flexible Uses Permitted Including Retail, Professional Office, Restaurant, Hotel (special use), and Others
  • Nearby National Retailers Include Walmart, Aldi, Bank of America, Starbucks, Tony's Fresh Market, Walgreens, Menards, Dollar Tree, and More
  • Direct Frontage on Lily Cache Lane with Traffic Counts of ±16,600 VPD and Just west of Bolingbrook Drive with an Additional 33,200 VPD
  • Dense Demographics with 5-Mile Population of ±174,496 and Annual Household Income of ±$123,592

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Commercial

Auction - 3.24 AC Fully Improved Parcel | 16K VPD | Chicago MSA

Listing Price: $125,000

Lot Size
3.24 acres
Price/Acre
$38,580
Land Type
Land

Investment Highlights

  • STARTING BID $125,000 | 3.24 AC Fully Improved Parcel | Chicago MSA | AUCTION APRIL 29 – MAY 1
  • Fully Improved 3.24-Acre Path of Growth Parcel Including Offsite Detention
  • Favorable B-4 Zoning (Commercial Urban Redevelopment) with Flexible Uses Permitted Including Retail, Professional Office, Restaurant, Hotel (special use), and Others
  • Nearby National Retailers Include Walmart, Aldi, Bank of America, Starbucks, Tony's Fresh Market, Walgreens, Menards, Dollar Tree, and More
  • Direct Frontage on Lily Cache Lane with Traffic Counts of ±16,600 VPD and Just west of Bolingbrook Drive with an Additional 33,200 VPD
  • Dense Demographics with 5-Mile Population of ±174,496 and Annual Household Income of ±$123,592

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap is pleased to present a 3.24-acre parcel located at 4B Fernwood Drive (the “Property”) in Bolingbrook, Illinois just outside Chicago. The Property offers an exceptional development opportunity in a robust trade area with a high barrier to entry. The Property is vacant land and consists of a single parcel totaling 3.24 acres which can be divided. The Property is 100% net buildable as detention is accommodated offsite. The Property is surrounded by commercial development including fast casual restaurants, motels, office, and industrial facilities with easy access to interstates. Retail demand generators in the area include Walmart, Aldi, Bank of America, Starbucks, Tony’s Fresh Market, Walgreens, Menards, Dollar Tree, numerous hotels, and more. The Property has ±433 feet of frontage on Lilly Cache Lane, benefitting from access and visibility to traffic counts of ±16,600 vehicles per day. The Property is zoned B-4, commercial urban redevelopment, which allows for many commercial uses including retail, professional office, restaurant, hotel (special use), pharmacy, financial institution, and more. Positioned in Will County, Bolingbrook is a vibrant suburb known for its diverse economy, robust infrastructure, and strong community spirit. The town benefits from its proximity to major transportation corridors, including I-55 and I-355, providing easy access to downtown Chicago, O'Hare Airport, and Midway Airport. The Property benefits from a prime location just north of I-55 with direct access to the greater metro area. The Property further benefits from strong demographics with a population of 174,496 residents and an average household income of $123,592 within a 5-mile radius.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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