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Jay Reid

jay@reidgroup.house +1(847) 791-5491

Listed by Karla Koziuraof Baird & Warner

$ 699,000

Est. payment | -/mo

1.88 Acres Lot

Save

$ 699,000

Est. payment | -/mo

Save

1.88 Acres Lot

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** 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

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

View Y/N true

Building

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

Nearby Locations

Making real estate fast, fun, and stress-free!

+1(847) 791-5491

jay@reidgroup.house

3030 Salt Creek Ln #145, Arlington Heights, IL, 60005

609 Forest Edge Lane Des Plaines, IL 60016