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Industrial

Two Acres Zoned Industrial

1286 President St, Glendale Heights, IL 60139

Listing Price: $750,000

Lot Size
2.00 acres
Price/Acre
$375,000
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present this strategically located, two-acre parcel situated at the signaled intersection of North Avenue (Route 64) and President Street in Glendale Heights, Illinois. Glendale Heights is a village in suburban DuPage County, located approximately 31 miles west of the downtown Chicago Loop and 18 miles southwest of O'Hare International Airport. North Avenue is a major east-west artery through the area and offers convenient access to Interstate 355, approximately two miles east of the asset.

The parcel sits on the northeast corner of North Avenue and President Street, immediately adjacent to The Mark Apartments, a 296-unit multifamily complex. The surrounding area is a mix of single- and multifamily rooftops, retail, office, and industrial properties. The parcel offers 428 feet of frontage on North Avenue, two points of access - one from North Avenue and the other from President Street - a highly visible corner location with a traffic signal, and large pass-through and local populations.

The parcel is currently zoned industrial, however, the Village of Glendale Heights has expressed annexing the parcel for a commercial zoning / retail development site due to its high visibility and accessibility. According to the Illinois Department of Transportation, North Avenue / Route 64 recorded an annual average daily traffic count of 55,100 vehicles. Average household income within three miles is over $117,116, and the estimated total population within three miles is 115,310. Numerous local and national retail and dining establishments are located nearby on North Avenue and on Schmale Road, one mile west of the parcel. This parcel offers an investor the opportunity to build or invest in a high-visibility, desirable Glendale Heights location.

Investment Highlights

  • High Visibility Location
  • 428 Feet of Frontage on North Avenue
  • Situated at Signaled Intersection
  • Access Points on President Street and North Avenue
  • Average Daily Traffic Count on North Avenue is 55,100
  • Opportunity to Rezone

Exclusively Listed By

Listing Price: $750,000

Lot Size
2.00 acres
Price/Acre
$375,000
Land Type
Land

Investment Highlights

  • High Visibility Location
  • 428 Feet of Frontage on North Avenue
  • Situated at Signaled Intersection
  • Access Points on President Street and North Avenue
  • Average Daily Traffic Count on North Avenue is 55,100
  • Opportunity to Rezone

Investment Overview

Marcus & Millichap is pleased to present this strategically located, two-acre parcel situated at the signaled intersection of North Avenue (Route 64) and President Street in Glendale Heights, Illinois. Glendale Heights is a village in suburban DuPage County, located approximately 31 miles west of the downtown Chicago Loop and 18 miles southwest of O'Hare International Airport. North Avenue is a major east-west artery through the area and offers convenient access to Interstate 355, approximately two miles east of the asset.

The parcel sits on the northeast corner of North Avenue and President Street, immediately adjacent to The Mark Apartments, a 296-unit multifamily complex. The surrounding area is a mix of single- and multifamily rooftops, retail, office, and industrial properties. The parcel offers 428 feet of frontage on North Avenue, two points of access - one from North Avenue and the other from President Street - a highly visible corner location with a traffic signal, and large pass-through and local populations.

The parcel is currently zoned industrial, however, the Village of Glendale Heights has expressed annexing the parcel for a commercial zoning / retail development site due to its high visibility and accessibility. According to the Illinois Department of Transportation, North Avenue / Route 64 recorded an annual average daily traffic count of 55,100 vehicles. Average household income within three miles is over $117,116, and the estimated total population within three miles is 115,310. Numerous local and national retail and dining establishments are located nearby on North Avenue and on Schmale Road, one mile west of the parcel. This parcel offers an investor the opportunity to build or invest in a high-visibility, desirable Glendale Heights location.

Exclusively Listed By

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