Descrição

Jones Lang LaSalle Americas (Illinois), L.P. ("JLL"), is pleased to present the exclusive opportunity to acquire 666 Garland Place, a premier 17.78-acre riverfront development site in Des Plaines, Illinois. Positioned directly along the eastern bank of the Des Plaines River and located just a 10-minute walk (0.5 miles) from the Des Plaines Metra Station, the property represents one of the most highly desirable transit-oriented development opportunities in suburban Chicago.

The expansive property sits within the high-growth O’Hare/I-294 corridor submarket. The area's dense concentration of major corporate employers, combined with rapid transit access to Chicago's Central Business District, consistently fuels intense demand for both residential and commercial uses.

The site’s unique physical characteristics allow for a dynamic mixed-use development that balances natural tranquility with premier urban convenience. A conceptual site plan was created by FitzGerald that outlines a luxury 300-unit multifamily building with river views and 12,000 SF of high-profile retail fronting Rand Road.

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Atributos

Área de terreno bruta

7,2 ha

Media

Destaques do investimento

Generational 17.78-Acre Infill Scale
As one of the largest remaining transit-oriented tracts in the market, this dynamic site offers a scalable mixed-use development opportunity.
Unrivaled TOD & Regional Highway Access
Only a 10-minute walk (0.5 miles) to the Des Plaines Metra Station for a quick commute to Chicago and immediate adjacent to Highway 14 for direct access to I-294.
Scenic Riverfront Setting & Natural Amenities
Positioned along the Des Plaines River with direct access to the River Trail and Belleau Woods, providing a built-in natural amenity buffer that supports premium rents.
Strong Demographic Profile
The 3-mile radius from the Property boasts over 137,800 residents, a daytime employee base of 64,293, and an average household income of $116,920, which exceeds state and county averages.