CBRE MARKETS LAKESHORE LAND

Looking for your own little piece of Lake Michigan? You can buy it from CBRE's Tony Gange  and Matt Ishikawa. The duo is marketing 37 acres  of a former military base in Highwood and Highland Park along Patten Road. The 1,100 feet of lakeshore property is the last left in such a prestigious location just a few miles north of the city, Matt tells us. He's hoping it will attract a residential or resort  user, since the site is a little too tucked away to be ideal for retail. It's still surrounded by military uses from Fort Sheridan  to the north and south, but the barracks on the site have been torn down to leave lots of land ideal for home sites or maybe even one large private residence, Matt tells us. Asking price: $25M. Being in a social stratum where building a home on a property this size is even within a modicum of a possibility: priceless.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building