$2,025,000

Estimated payment $12,683/month

Total Views 3,571
3 Acres
$675,000 Price per Acre
130,680 Sq Ft Lot

About This Lot

Positioned at the highly visible intersection of two major arterial roads, Lake Street (US Route 20) and Gary Avenue. This provides exposure from multiple directions and excellent branding opportunities. Combined Daily Traffic: With over 70,000 vehicles passing daily (52,300 VPD on Lake St. and 20,400 VPD on Gary Ave.), this site offers significant customer exposure and constant brand reinforcement. (Be precise with these numbers). Ease of Ingress/Egress: The corner location facilitates multiple potential access points, crucial for efficient traffic flow for customers, employees, and deliveries. Size & Flexibility: 3.00 Acres: This generous acreage provides ample space for a substantial commercial development, allowing for diverse concepts, robust parking solutions, and potential future expansion. Development Ready: Ideal for a variety of commercial uses, including retail, quick-service restaurants (QSRs), medical facilities, office buildings, industrial, medical, or a mixed-use development. (Specify permitted uses based on zoning). Strong Local Demographics & Market Dynamics: Established & Growing Community: Roselle and the surrounding area offer a solid demographic base with consistent residential growth and consumer spending power. Proximity to Major Transportation Hubs: Direct access to Elgin O'Hare Expressway via Gary Avenue enhances regional connectivity and broadens the customer base. This is a significant draw for businesses reliant on wider market reach. Complementary Surrounding Businesses: (Mention any nearby successful retail, restaurants, or services that draw traffic to the area). Investment & Value Proposition: High Demand Location: Properties at signalized, high-traffic intersections like this are consistently in demand for commercial development due to their inherent marketing advantages. Long-Term Growth Potential: Investing in a prime corner parcel ensures long-term asset value appreciation within a stable suburban market. Ideal for: Retail Chains: Seeking maximum brand exposure and high customer traffic. QSRs/Restaurants: Capitalizing on drive-by traffic and ease of access. Medical/Urgent Care Facilities: Benefiting from visibility and convenient patient access. Financial Institutions/Service Providers: High visibility builds trust and awareness. Automotive Services: Easy accessibility and high traffic counts are critical. Industrial Use: Multiple uses great for flexibility whether you want office or contractor uses Developers: Looking for a large, well-located parcel with strong development potential. This is an incredibly compelling opportunity at the absolute prime intersection of Lake Street and Gary Avenue in Roselle. With over 70,000 vehicles on Lake Street and over 20,000 on Gary Avenue daily, you're looking at a combined traffic count exceeding 70,000 vehicles that will pass your business every single day. That translates directly into unparalleled visibility and a continuous stream of potential customers. The 3-acre size provides the flexibility you need for a truly impactful development, whether it's a large retail anchor, multiple pad sites, or a specialized commercial use. Plus, with direct access to the Elgin O'Hare Expressway nearby, you're tapping into a much wider regional market. This isn't just land; it's a platform for significant commercial success.

Listing Agent

Rocco Zaccaro

Coldwell Banker Realty License #475179214 Listed on: 06/19/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,150

Lot Details

  • 3 Acre Lot
  • Additional Parcels
  • Property is zoned COMMR

Property Details

Property Type

Land

Est. Annual Taxes

$19,150

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Length: 502
  • Frontage Type: City Street
  • List Price: 2025000
  • Waterfront: No

Utilities

  • Utilities: Sewer Nearby, Water Nearby

Schools

  • Middle/Junior School District: 12

Lot Info

  • Additional Parcels Description: 0208103002
  • Additional Parcels: Yes
  • Lot Size Acres: 3
  • Lot Dimensions: 130,680
  • Zoning: COMMR
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 19150
  • Tax Year: 2024

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,907 $83,784 $83,784 --
2023 $8,406 $113,940 $113,940 $0
2022 $6,136 $82,480 $82,480 $0
2021 $5,902 $78,370 $78,370 $0
2020 $5,914 $76,460 $76,460 $0
2019 $5,738 $73,480 $73,480 $0
2018 $3,963 $49,070 $49,070 $0
2017 $3,777 $45,480 $45,480 $0
2016 $3,668 $42,090 $42,090 $0
2015 $3,655 $39,280 $39,280 $0
2014 $3,681 $39,280 $39,280 $0
2013 $3,637 $40,620 $40,620 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $2,025,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12399690

Midwest Real Estate Data (MRED)

APN: 02-08-103-002