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8601 83 Rt
Burr Ridge, IL 60527
Land For Sale
·
2.36 AC
Investment Highlights
- Corner lot location along heavily traveled Route 83, providing long frontage and visibility opportunities.
- Surrounded by an established mix of corporate offices, retail centers, and residential neighborhoods.
- Excellent opportunity for owner-occupiers, build-to-suit projects, or investors seeking a prime Burr Ridge location.
- Immediate access to I-55 and I-294, facilitating convenient connectivity to the Chicago metropolitan region.
- Positioned in an affluent submarket known for high household income and strong consumer base.
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.36 AC |
| Property Type | Land | ||
| Zoning | N | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.36 AC |
| Zoning | N |
1 Lot Available
Lot
| Price | $2,711,026 CAD | Lot Size | 2.36 AC |
| Price Per AC | $1,148,740.04 CAD |
| Price | $2,711,026 CAD |
| Price Per AC | $1,148,740.04 CAD |
| Lot Size | 2.36 AC |
2.36-acre development site in Burr Ridge, known and Kingery Estates.
Description
This rare two-acre site in the sought-after community of Burr Ridge offers a valuable opportunity for development or investment. Positioned at the corner of Route 83 and Meadowbrook Drive, this land parcel combines visibility with convenient access, creating significant upside potential for various commercial or mixed-use applications. Burr Ridge is recognized for its affluent demographics, vibrant corporate presence, and connectivity to major metro markets, making this property an attractive long-term hold or development play. Located just minutes from I-55 and I-294, the site provides exceptional regional accessibility to Chicago, O’Hare International Airport, and Midway Airport. Businesses benefit from the surrounding residential neighborhoods, as well as proximity to established retail corridors, hospitality options, and medical services. The area’s strong economic fundamentals, high household incomes, and continued growth trends ensure a competitive advantage for potential investors or developers considering medical office, boutique retail, or premium service-oriented concepts.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $372,580 CAD | Total Assessment | $372,580 CAD |
Property Taxes
