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Investment Highlights

  • Zoned B3 (Planned Business Center District) and MUPD (Mixed Use Planned Unit Development)
  • Situated in Lake County within the highly regarded Stevenson High School District 125
  • Rare infill development opportunity in the affluent Buffalo Grove market
  • Potential uses include retail, office, multifamily, mixed-use, and senior care development
  • Excellent visibility and access along Milwaukee Avenue, a major north suburban commercial corridor

Executive Summary

Located at 275 Milwaukee Avenue in Buffalo Grove, Illinois, this ±4.71-acre divisible land site presents a rare development opportunity along one of Lake County’s most heavily traveled commercial corridors. The property is zoned B3 (Planned Business Center District) and MUPD (Mixed Use Planned Unit Development), allowing for a variety of potential uses including retail, commercial, multifamily residential, and senior care development. Situated within the highly regarded Stevenson High School District 125, the site benefits from outstanding visibility and accessibility along Milwaukee Avenue, which carries approximately 37,200 vehicles per day. With flexible development potential, strong demographics, and a premier location in the heart of Buffalo Grove, the property is well-positioned for a wide range of investment and redevelopment opportunities.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Auto Dealership
  • Auto Repair
  • Bank
  • Carwash
  • Tienda de conveniencia
  • Daycare Centre
  • Fast Food
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Self Storage
  • Service Station
Total Lot Size 4.71 AC
Zoning B-5 - Town Center Business Distinct

1 Lot Available

Lot

Lot Size 4.71 AC

+ LOCATION: Just north of Lake Cook Road full intersection, Adjacent to 301 River Place, a luxury apartment community

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 35429466

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 275 Milwaukee Ave, Buffalo Grove, IL 60089

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