This Land Redevelopment Opportunity is located in Itasca, DuPage County, Illinois. Made up of 24 single family homes which offer a total of +/- 20.05 acres of land. These parcels would be included in an annexation into the village of Addison, IL. The subject land is approximately 27 miles northwest of downtown Chicago. It is close to O'Hare International Airport, major expressways, major retailers, and rail transportation. The subject land is more specifically located at the Northeast corner of the intersection of Lake Street, and Route 53. The land sits between Central Road to the West border, Grove St on the North Border, and Prescott Pl., Physician Immediate Care, Dunkin Donuts, Mario's Deli, Bigsby, DeMarco's Restaurant, and Lake Street to the South border. The village does not have a set density, but for single-family development that would generally mean somewhere between 3.6 and 5.7 units per acre. The village is in favor of zoning a multi-story condo or mixed-use building as an R4 planned development, which would allow up to six stories. The R4 district permits the development of 21-33 units per acre depending on the number of bedrooms in the units. The minimum lot size for single-family varies depending on the zoning district. This area abuts residential neighborhoods that are zoned R2 (8,400 square feet per lot) and R3A (7,600 square feet per lot). Currently, the land consists of 24 Single Family Homes which offer a total of +/- 20.05 acres of land. There is potential to acquire an additional 4.76 acres (please call for additional information). This opportunity is an Investor/Developer's Dream! An investor can take full advantage of this real estate opportunity by capitalizing on the usage of the land for redevelopment which is located in an extremely rare location in an already established suburban submarket.

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.

Oak Brook's finest! One of last prime 3 acre plus lots available in Oak Brook's newest subdivision, the Templeton Reserve, a gated private community with over fifty-five acres of greenery mature trees, ponds adjacent to Breakenridge Farm and Fullersburg Woods. Exclusive community of 2 to 4 acre lots and all new construction. This 3.23 acre lot has a great exposure and backs the woods. Amazing opportunity to build your luxury residence. Oak Brook Butler School 53 and Hinsdale Central High School. surrounded by new construction, large luxury homes.