Long-Term Land Lease | Proposed 12-Unit, Three-Story Multifamily Development

A Rare Opportunity Near Brookfield's Metra Station

Developers and multifamily investors: explore a long-term land lease opportunity at 8845 W. Burlington Avenue in Brookfield, Illinois. The site has documented development plans for a proposed three-story, 12-unit multifamily building, offering an opportunity for a qualified developer to evaluate an existing development concept.

PROPERTY & LEASE HIGHLIGHTS

Property Address: 8845 W. Burlington Avenue, Brookfield, IL 60513

Lot Size: 10,343 square feet

Lot Size in Acres: Approximately 0.237 acres

Proposed Development: Three-story, 12-unit multifamily building

Lease Rate: $7.00 per square foot

Proposed Lease Term: 15–20 years

Development Documentation: Existing site plans and architectural drawings are documented in Village planning records

Location Advantage: Near Brookfield's Metra station and downtown area

Target Tenant: Qualified multifamily developer, residential investment group, or development operator