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Investment Highlights

  • 58 acres of development land for sale in Buffalo Grove.
  • Zoned B-3 Commercial, enabling a wide range of permissible uses including retail, entertainment, and medical.
  • Near major national retailers, financial institutions, fitness clubs, and healthcare centers.
  • Positioned along Milwaukee Avenue, just south of Aptakisic Road with high traffic visibility.
  • Significant surrounding trade area with affluent population and robust daytime traffic.
  • Immediate access to Milwaukee Avenue (U.S. 45 / Route 21) and strong connectivity to surrounding suburbs.

Executive Summary

• +/-58 Acres for SALE
• Currently Zoned B-3 Commercial
• Located Just South of the Southwest Corner of Milwaukee Avenue (U.S. 45 / Route 21) and Aptakisic Road
• Largest Piece of Contiguous Retail Land Available in Chicago’s Northern Suburbs
• Development Opportunity that is Ideal for a Multitude of Uses Such as Big Box or Junior Anchor Retail Centers, Free-Standing Restaurants, Entertainment, a Sports Complex, Medical Offices, or Light Industrial
• Outstanding Trade Area Demographics Comprised of Affluent Residents and an Exceptional Daytime Population
TRAFFIC COUNTS:
• Milwaukee Avenue (U.S. 45 / Route 21): 434,200 VPD
• Deerfield Parkway: 19,200 VPD

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Bank
  • Carwash
  • Tienda de conveniencia
  • Daycare Centre
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hospital
  • Medical
  • Neighbourhood Centre
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
Total Lot Size 58.00 AC
Zoning B-3

1 Lot Available

Lot

Lot Size 58.00 AC

Description

This 58-acre parcel at 1300 Milwaukee Avenue in Buffalo Grove presents a rare opportunity to acquire one of the largest contiguous retail land sites in Chicago’s northern suburbs. Positioned just south of the intersection of Milwaukee Avenue (U.S. Route 45) and Aptakisic Road, the property offers exceptional exposure with traffic counts exceeding 32,000 vehicles per day on Milwaukee Avenue. The site’s B-3 Commercial zoning provides flexibility for a variety of development possibilities including big-box retail, junior anchor centers, freestanding restaurants, sports complexes, entertainment venues, medical office, and light industrial uses. With strong nearby demographics, the surrounding area features an affluent residential base and an exceptional daytime population, making it attractive for diverse commercial applications. Located within one of Chicagoland’s most desirable suburban communities, the property benefits from proximity to major retailers, established dining options, healthcare facilities, and convenient connectivity to major thoroughfares. This substantial landholding offers investors and developers a unique canvas for a large-scale project in a high-visibility location with tremendous long-term growth potential.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 6667120

  • Date on Market: 2017-04-07

  • Last Updated:

  • Address: 1300 Milwaukee Ave, Buffalo Grove, IL 60089

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