Crystal Woods + Craig Woods

JLL as sole and exclusive advisor is pleased to present the investment opportunity at 5915 S. Route 47, Lakewood, Illinois. Situated on a sprawling 164-acre property, this strategic asset encompasses the renowned Crystal Woods and Craig Woods golf courses, offering a unique opportunity for enhancement within the growing Lakewood community.

Seize the chance to acquire this compelling value-add investment with full support from the Village of Lakewood for density through PUD zoning, aiding future development prospects. This property includes 124.3 acres west and 40.05 acres east of Route 47. Currently zoned B-2 General Business District and AG Agricultural District, the site's diverse parcels offer promising investment flexibility, underpinned by a favorable zoning environment.

Located on the northwest edge of the Chicago metropolitan area, the site benefits from significant suburban expansion while maintaining excellent connectivity through the Woodstock and Crystal Lake Metra Stations, both just 11 minutes away. The Route 47 widening and Route 176 realignment projects, expected by 2026, will enhance accessibility, offering a strategic advantage. With median household incomes of $106,959 within a 5-mile radius, this area presents a demographic ripe for growth.

Future potential includes capitalizing on the area's affluent demographics and growing suburban profile, supported by quality educational institutions and improving transportation infrastructure. Crystal Woods' USGA Rating of 70.3 and historical significance as a golfing destination further enhance its position as an asset with steady cash flow and preservation value.