900 Cottage StShorewood, IL 60404

For Sale
Call for price

Prime Commercial Development Opportunity in Shorewood, IL

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 7.25-acre property presents a unique commercial development opportunity in Shorewood, Illinois. Strategically located along I-55 and Route 59, this site boasts significant traffic volume, with I-55 seeing 68,200 vehicles and 13,800 trucks daily, and Route 59 experiencing 1,275 trucks daily. The property is divided into two distinct parcels. A 4.12-acre parcel is zoned ORI, encompassing a +/- 10,500 square foot building. Permitted uses under the ORI zoning include warehouses, commercial kitchens, and laboratories. A separate 3.13-acre parcel is zoned B-2 and includes two existing single-family homes. The property offers tremendous potential for a variety of commercial ventures, including retail, restaurants, dealerships, or even a hotel. Importantly, industrial, truck storage, or similar uses are not permitted. This location benefits from its inclusion in a Tax Increment Financing (TIF) district with approximately 18 years remaining. Water and sewer services are readily available on-site. This is a rare chance to acquire a substantial commercial land parcel in a high-traffic area with excellent zoning and infrastructure. Don't miss this opportunity to capitalize on the significant development potential of this prime location.

Highlights

  • I-55 & Route 59 development opportunity.
  • 4.12-acre ORI-zoned lot with a +/-10,500 SF building.
  • ORI zoning allows warehouses, commercial kitchens, and labs.
  • 3.13-acre B-2 lot with two single-family homes.
  • Excellent potential for retail, restaurants, dealerships, or hotels.
  • No industrial, trucking, or storage uses permitted.

Property Details for 900 Cottage St

Property type
Other land, Land
Lot Size (sq. ft)
315,810 SF

Location Insight

City
Shorewood
County
Will
State
Illinois
Latitude
41.5128327
Longitude
-88.1968906
900 Cottage St, Shorewood, Illinois

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900 Cottage St
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