Agricultural + Commercial + Industrial + Residential

                                         PIN: 02-26-400-005-0000
                                         +/- 1 Acre R-1 | Rolling Meadows, Ill.

R-1 CORNER PROPERTY WITH PERPETUAL ROW(s) | ROLLING MEADOWS, ILL. 60008
2410 Hicks Road, Rolling Meadows, Illinois 60008 | $ Negotiable

After Commercial Rezoning and Right-of-Way Assemblage, this R-1 Property Amounts to a Possible + /- 3 ACRES In Total Acreage with an Extraordinary Potential for Development.

One Acre R-1 Corner Property is Encompassed by Transitional and Commercial Zoning and Perpetual Right-of-Ways to the EAST and West (Perpetual Access and Its Adjacent IDOT Right-Of-Way (ROW)) Amounts to a Potential of +/- 3 Acres in Total.

Note: Our understanding of Illinois real estate law makes the Western IDOT ROW Acreage only Possible for the landowner when adjacent to a perpetual right-of-way.

In 2020, IDOT Investigated Any Future Need for Its ROW Internally with Its Four Engineering

Departments Verbally Signed Off to Release the ROW for Assemblage with Said Property and its Perpetual Right-Of-Way After a Scheduled Paving Project in 2023.

PIN: 02-26-400-005-000 is within Blocks of the Former Arlington Park Race Track in Arlington Heights, which the Chicago Bears Football Team purchased for Potentially a New Domed Football Stadium and Multi-Purpose Sports and Entertainment Venue.   

Additional Property Characteristics
 

2019 Traffic Numbers from the Illinois Department of Transportation | IL 53 (NB+SB) North of Kirchoff Ramps: 158,300 | IL 53 (NB+SB) South of Kirchoff Ramps: 170,000

3.5 miles North of Woodfield Mall (one of the largest in the U.S.)

1.7 miles West of Arlington International Race Course

1.7 miles North of Algonquin Road (Lamar Companies Billboard)

.7 miles South of Euclid Rd Cloverleaf (Outdoor Media Billboard)

3.9 miles North of Interstate 90 interchange with routes to Downtown Chicago, Indiana, Iowa, and Wisconsin.

Route 53 expressway is likely to get busier. A northern expansion will link to more northern suburbs and the Illinois tollway to Wisconsin, bypassing downtown Chicago

2016 Traffic Data Shows the annual DAILY average of 82,800 vehicles Southbound and 78,600 Northbound within sight range off billboard at 2410 on any given day.

2014 Traffic Data Shows an annual DAILY average of 77,400 vehicles Southbound and 74,100 Northbound within sight range off billboard at 2410 on any given day.

Illinois legalized medical Marijuana, with growing houses and dispensaries popping up near Rolling Meadows (RM).

Illinois legalized some types of gaming, and there have been numerous licensing requests inside the RM city limits.

17 miles Northwest of O'Hare International Airport (Rt. 53 to I-90 East)

2.6 miles from Renaissance Schaumburg Convention Center (annual site of Mecum Car Auction-Rt. 53 to I-90 West

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