$2,999,999

40 US Highway 45 Highway, Lindenhurst IL, 60046

Lot size7.44 Acres

Property typeLand

Listed by Anna Linscheid with Keller Williams North Shore West 847-721-2662

Overview

Active

Listed Apr 14, 2026

Updated May 29

The hard corner of US Highway 45 and East Grand Avenue (Route 132) is one of the last developable, build-ready commercial parcels on this corridor - 7.44 acres, CB-zoned, utilities to the site, and approximately 15,000 vehicles per day at a lighted intersection. This is not a speculative location. Two residential projects are already delivering rooftops directly to this trade area: a 70-unit luxury townhome complex immediately to the west and a 55+ community now under construction. Average household incomes within the immediate trade area exceeds Lake County average. The demand infrastructure is already in place. The site is flat, fully served (sewer, water, electric, gas), and zoned Community Business - a classification that accommodates quick-serve restaurants, medical and professional office, convenience retail, multi-tenant strip development, and drive-through uses without variance. The seller is actively open to parcel division, build-to-suit lease structures, or joint venture arrangements. This is a rare opportunity to control the corner - and shape what gets built on it.

Other Property Details

Taxes: $35,383
Tax Frequency: Annually

Listed by Anna Linscheid with Keller Williams North Shore West 847-721-2662

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Data is refreshed every 3 hours. Listing last updated 2:15 PM UTC on 5/29/2026.

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