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$649,000
Est. payment /mo
1.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12589954
Annual Tax Amount $15,418
Tax Year 2024
Lot Size 1.880 Acres
Lot Dimensions 330X241X299X260
Property Sub-Type Land
Property Description
** MOTIVATED SELLER of an inherited family property **VALUE IN THE LAND** Rarely available lot size + natural beauty! Attention builders, developers and investors! Here's your chance to capitalize on an approved lot division - a total of 1.8 acres - in the vibrant community of Des Plaines. *** Currently Zoned R-1 (potential for re zoning to R2, or R3). Discussions with the city includes possibility of resubdivision into 24-26 multifamily units or 8-10 townhomes. Property is being sold (1.88 acres) as either land or a detached single-family home. *** The home is located 250-300 feet off Ballard Road where IDOT installed a drainage system in 2021. *** Please see surveys and floodplain info under Addtl Info. *** Half of property in 500-year flood zone (which is of no significance) and half in 100-year flood zone *** Owners have never had any water for 50 years of ownership. With convenient access to the 294 expressway, you're just moments away from O'Hare International Airport and Advocate Lutheran General Hospital, the Des Plaines River Trail and Big Bend Lake. This property is nestled in a wooded area, offering a variety of possibilities. It can be partitioned for two single-family homes, or be transformed into new residential homes or townhomes. This is a fantastic opportunity for the next owner providing a lot of flexibility. With two PIN numbers, part of the land can be partitioned, allowing for full development potential - both lots or just one. A quick 4-minute drive to downtown Des Plaines and the Des Plaines Metra train station. Maine East and West are options for High School. Don't miss out-this property is also available as a single-family home.
Location
State IL
County Cook
Area Des Plaines
Zoning SINGL
Rooms
Basement Crawl Space, None
Interior
Heating Natural Gas
Cooling Window Unit(s)
Fireplace N
Laundry Gas Dryer Hookup, In Unit
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Nearby, Water Available
Building
Dwelling Type Land
Sewer Septic Tank
Water Municipal Water
Schools
Elementary Schools North Elementary School
Middle Schools Chippewa Middle School
High Schools Maine East High School
School District 62 , 62, 207
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Karla Koziura of Baird & Warner