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$ 350,000
Est. payment | /mo
$ 350,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12417751
Annual Tax Amount $6,500
Tax Year 2023
Lot Dimensions 132X264
Property Sub-Type Land
Property Description
Seize this high-visibility 0.8-acre commercial lot, backed by village incentives to reduce development costs. With 132 feet of prime street frontage and flexible B3 zoning, it's ideal for developers or businesses looking to invest in a revitalizing area. Near top-rated schools, shopping, and major highways with Amtrak/Metra access, this lot is ready for your vision. Village promotion and recent developments make now the time to act at this competitive price! Key Features: * High-Visibility Lot: 132 ft x 264 ft with prime street frontage for maximum exposure. * Village Incentives: Financial support and infrastructure assistance to streamline development. * Prime Accessibility: Minutes from highways and Amtrak/Metra for easy connectivity. * Growth Potential: Near top-rated schools and retail, with recent developments boosting appeal. Development Opportunities: * Retail or multi-tenant shopping center ( 5,000 sq ft) * Restaurant, bar, or brewery * Medical/professional office or coworking space * Event venue, gym, or indoor commercial space * Motor vehicle sales/service or EV charging station * Artisan manufacturing or solar energy system * Mixed-use options (village open to residential-commercial variances) Additional Details: * Single-family home on-site: renovate for mixed-use, lease for income, or demolish with potential village assistance. * High disposable income in area supports retail and service businesses. * Agent has ownership interest Requirements: * Proof of Funds or Pre-Qualified Mortgage required. * Buyers without an agent, contact listing agent. With village incentives, recent area growth, and flexible zoning, this lot offers high returns in a community on the rise. Act now to secure this prime investment opportunity
Location
State IL
County Cook
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
View Y/N true
Schools
High Schools Homewood-Flossmoor High School
School District 161, 161, 233
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Listed by John Bonaguro • John Bonaguro
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "