Fully Improved Parcel, Chicago Msa
4B Fernwood Drive : Bolingbrook, IL 60440
Will County, Illinois
Land Description
RI Marketplace Online Auction April 29 - May 1, 2024.
Register to Bid on 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. 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 within a 5-mile radius.
Scott Bowers, Auctioneer
