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$319,999
Est. payment /mo
6.97 Acres Lot
UPDATED:
01/11/2025 06:07 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12266611
Annual Tax Amount $13,978
Tax Year 2023
Lot Size 6.970 Acres
Lot Dimensions 440X557X666X581
Property Description
Prime Development Opportunity - Discover this exceptional property offering nearly 7 acres of unincorporated land with immense development potential! Nestled in a desirable area surrounded by beautiful single-family homes, this parcel is primed for future use as a residential development for detached single-family homes. Strategic Location: Located near established neighborhoods with easy access via a right of way at Patricia Lane. Future Development Flexibility: While the land requires an annexation agreement with the Village of Richton Park for zoning, utilities, and development, it offers incredible possibilities for builders and investors. Flood-Free Assurance: The property is not in a floodplain, providing peace of mind and fewer development restrictions. Versatile Special Uses: Beyond single-family homes, this land could be transformed into a Nursing Home, Assisted Living Facility, Independent Living Facility, Daycare, School, or Place of Worship. Priced to sell, this property presents a unique opportunity for visionary developers. View the map and drive by to witness the potential of this remarkable land firsthand. For more details or to explore development possibilities, contact us today!
Location
State IL
County Cook
Area Richton Park
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby
Building
Dwelling Type Land
Schools
School District 162 , 162, 227
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Kiana Szostak • Baird & Warner