ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres at the stoplight intersection at 1250+60 S. O'Plaine and McGaw with 340 feet of frontage adjacent to I-94 just a little south of route 120. This is only 4 MINUTES from the massive $375 million casino in Fountain Square called AMERICAN PLACE. The temporary version of this is already opened. This will transform Waukegan the same way the riverboat in Elgin did. This could be ideal for R-5 development, there will be a need for multi-housing for the casino employees nearby. Multi-unit and commercial requests will require a zoning change. Located between Route 120 and Route 137 which is adjacent to multiple residential subdivisions. There is a real need for convenience stores, restaurants, gas, stations, branch banks, etc. on the O'Plaine corridor. Traffic will probably expand exponentially area wide once the casino opens fully for business within the next two years. Current VPD is 11k on O'Plaine and 170,000 on I-94. Google earth the site to observe the adjacent areas for ideas. The Pritzker family owns 40 acres on the other side of the tollway and will eventually be slated for development once the area becomes active. Two parcel site with two pins, 07-35-100-024+025. SEE ATTACHMENTS FOR ADDITIONAL DETAILS.
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For more information about 1250 S Oplaine, Gurnee, IL 60031 contact Corcoran Urban Real Estate.
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