Land

District 1860 - Hotel Pad

7350 N Lincoln Ave, Linclnwood, IL, 60712-1705, US

District 1860 - Hotel Pad_Property for Sale

Gallery

Asset description

The development opportunity is entitled for the delivery of an up to 220 key, 7-story hotel project which will seamlessly integrate within the District 1860 master-plan. The future hotel project will benefit from the activation and placemaking created via the under-construction Phase I six-story 299-unit Class-A multi-family project, 81,000 SF of retail/commercial space, off-street parking, village-green and significant infrastructure improvements. The first phase of District 1860 represents an investment in excess of $150 million and has solidified the transformation of the heavily traveled intersection of Lincoln and Touhy Avenues. 

Attributes

Land area net
1.23 acres (53,418 sf)

Investment highlights

-Fully Entitled and Pad Ready for up to 220 Key Hotel Development

-Transformative Class A Mixed-Use Project Currently Under Construction

-Restaurant and Retail within Phase I Serves as an Amenity to Hotel Guests

-Programmable Village Green Amenity to Hotel Guests

-Highly Desirable Location in First-Ring Chicago Suburb with Direct Access to Over 295 Million SF of Office

-Immediate Access to Highway & Rail Transportation and Established Retail-Best-In-Class Design & Construction of Phase I Mixed-Use Project

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Nov 30, 2022