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34702 Gilmer Road Rd - Lakemoor Prime Commercial Opportunity 14 Acres of Commercial Land Offered at $10,160,585 CAD in Volo, IL 60073
Investment Highlights
- 14+ contiguous commercial acres at high-volume corner in Lakemoor (Rt 59 & Rt 120)
- Existing glass commercial showroom with +/- 23,000 sq ft service area
- Immediate proximity to Woodman's, Dunkin', and major retail anchors
- 55,000+ total daily traffic count exposure
- +/- 17,000 sq ft Heavy duty shop with overhead cranes
- Ideal for automotive, boat/marine, equipment dealership, or retail power center development
Executive Summary
1. Land & Site Features
Land Area: 14+ Acres (configured across multiple contiguous commercial parcels).
Frontage: Extensive commercial frontage along Route 59, Route 120 (Belvidere Rd), and Gilmer Road with multiple ingress/egress points.
Surrounding Growth: Surrounded by expanding retail corridors, future signalized intersections, and high-density residential subdivisions.
2. Main Showroom & Office Facility
Showroom Area: Modern, open-concept glass-walled commercial display space with high ceiling clearances and epoxy/polished floors.
Main Building Layout: +/- 29,000 sq. ft. primary office/showroom footprint with customer reception areas and administrative spaces.
Storage & Support: Includes a 1,500 sq. ft. dedicated storage mezzanine/loft area.
3. Commercial Service & Workshop Buildings
Heavy Duty Shop: +/-17,000 sq. ft. of commercial service bay / workshop space.
Service Infrastructure:
Multiple drive-in overhead doors with high clearances.
Overhead bridge and monorail crane systems (Tram beam & Coffing systems).
Radiant heating and ceiling fans throughout service bays.
Mostly paved surface parking for retail inventory, customer vehicles, or equipment staging area is gravel/stone.
The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.
Property Facts
| Price | $10,160,585 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 14.00 AC |
| Zoning | Commercial - Zoning: Commercial / Regional Business District | ||
| Price | $10,160,585 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 14.00 AC |
| Zoning | Commercial - Zoning: Commercial / Regional Business District |
1 Lot Available
Lot
| Price | $10,160,585 CAD | Lot Size | 14.00 AC |
| Price Per AC | $725,756.10 CAD |
| Price | $10,160,585 CAD |
| Price Per AC | $725,756.10 CAD |
| Lot Size | 14.00 AC |
Land Area: 14+ Acres (configured across multiple contiguous commercial parcels). Frontage: Extensive commercial frontage along Route 59, Route 120 (Belvidere Rd), and Gilmer Road with multiple ingress/egress points.
Description
Unparalleled 14+ Acre Commercial Development Opportunity in Lakemoor, IL Positioned at one of Lake County’s most heavily traveled commercial junctions (IL-59 & IL-120), this 14+ acre site offers an unmatched footprint for commercial developers, retail power center operators, auto/marine dealerships, or commercial flex users. Combined daily traffic counts exceed 55,000 vehicles per day, providing exceptional visual exposure and immediate access. The site is currently improved with a main glass-front commercial showroom, office area, and a service workshop space +/- 29,000 sq. ft. of plus an additional +/-17,000 sq. ft. heavy duty shop building equipped with overhead cranes, drive through bays, and heavy power. Selling strictly as-is, the property offers an immediate plug-and-play foundation for marine, auto, or commercial equipment sales and service—or a complete ground-up redevelopment palette in a rapidly expanding retail corridor anchored by Woodman's, Starbucks, and major national brand tenants. Property Type: Commercial / Flex / Retail Land Redevelopment Secondary Property Type: Commercial Dealership / Service / Retail Sale Type: Owner User or Investment (As-Is Sale) Tenancy: Vacant / Owner Occupied Zoning: Commercial / Regional Business District Highlights for Bullet Points: 14+ contiguous commercial acres at high-volume corner in Lakemoor (Rt 59 & Rt 120) 55,000+ total daily traffic count exposure Existing glass commercial showroom service workshop area Immediate proximity to Woodman's, Dunkin', and major retail anchors Ideal for automotive, boat/marine, equipment dealership, or retail power center development The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.
Property Taxes
| Parcel Numbers | Improvements Assessment | $445,412 CAD | |
| Land Assessment | $2,889,818 CAD | Total Assessment | $3,335,230 CAD |
Property Taxes
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34702 Gilmer Road Rd - Lakemoor Prime Commercial Opportunity
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