24+ Acre O'Hare Airport Development 3 biens | Schiller Park, IL

We are pleased to present a rare large-scale infill redevelopment opportunity: a chance to acquire one of the largest vacant parcels in Cook County adjacent to Interstate-294 and less than one mile from O’Hare International Airport that is accessible from nearby major roadways, including I-294, Irving Park Road and Mannheim Road in Schiller Park, Illinois.
The Village of Schiller Park has expressed written support for redevelopment of the 24.038-acre site, specifically indicating a preference for Professional Offices, Product & Research Development, Entertainment & Hospitality-Oriented Development, Retail, Restaurants and Showrooms, Technology & Telecommunications and/or Data Centers as a developable use rather than traditional truck-intensive logistics operations. Therefore, Uses centered around logistics, freight handling, distribution terminals or other models that require ongoing semitruck operations are not considered feasible or supportable for this Property at this time.
Once a landfill that primarily accepted Construction & Demolition debris (C&D) over 50 years ago, this property has benefitted from decades of environmental analysis, engineering evaluations and years of site planning work in preparation for future redevelopment, where multiple third-party environmental and engineering consultants have verified the site’s readiness for development.
Another notable feature of this listing is the institutional knowledge of the Owner, who has controlled and operated the site since it was sited and approved for the prior waste operations. This knowledge can assist potential developers with due diligence and the final development process. Please read the Confidential Offering Memorandum (COM) in the marketing brochure, where many questions are answered including the Price, Commissions, and the Terms. Don’t miss out on this rare and exceptional opportunity!