450 North Morgan
440 N Morgan St, Chicago, IL, 60642-6501, US
1,273 m²
Asset Description
Jones Lang LaSalle Americas (Illinois), L.P. ("JLL"), has been exclusively retained to offer for sale to qualified investors the opportunity to acquire fee simple interest in a 21.9-acre development opportunity located the northwest corner of Warrenville Road and Herrick Road in Warrenville, Illinois (“The Property”).
Warrenville is a far west suburb of Chicago within DuPage County, approximately 30 miles west of downtown Chicago. Located at the cusp of Warrenville and Naperville, the Property is positioned only a 10-minute drive from the heart of downtown Naperville with access to highly rated schools, leading healthcare, parks, big box retailers, and a thriving dining scene.
Spanning +/- 954,400 square feet, majority of the Property is located in Warrenville and zoned R-1 (Low Density Single Family Residential) with a small portion of the Property zoned B-4 (Motor Service) in Warrenville and ORI (Office, Research, and Light Industrial) in Naperville.
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Attributes
Land area gross
88,667 m²
Media
Investment Highlights
CENTRAL LOCATION WITH ACCESS TO INTERSTATES
- 132,800 Vehicles Travel Interstate I-88 Daily
- 30 Minutes to O’Hare
- 40 Minutes to Downtown Chicago
- Illinois Technology and Research Corridor along I-88
PROXIMITY TO DOWNTOWN NAPERVILLE
SOUGHT-AFTER CHICAGO SUBURB WITH SIGNIFICANT EMPLOYER BASE
AFFLUENT & EDUCATED POPULATION SUPPORTS FUTURE RENT GROWTH
FAVORABLE SUBMARKET FUNDAMENTALS ALLOWS FOR OUTPERFORMANCE
Contact brokers
27W330 Warrenville Road (0 Properties)
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Last updated
20 Nov 2024
