Vacant Development Land with Condo
For Sale
$15,750,000
1 Renaissance Boulevard, Villa Park, IL 60181
Vacant land zoned for condominium development up to 500 units, with convenient access to highways and nearby amenities.
Property SizeContact for details
Days on Market96
Property Features for 1 Renaissance Boulevard
General Information
Standard status
Active
Property subtype
Land
Zoning
COMMR
Taxes and HOA fees
Annual Taxes
$129,860
Listing Agency:
RE/MAX Premier
(708) 246-6300
Listed By:
Coya Smith · License #471000671
(708) 246-6300
Source:
Compass
Added: May 6
Changed: Aug 8
Last Checked: May 9 at 11:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Premier
Investment Insights
Based on property information with market context.
This offering presents a vacant land development opportunity at 1 Renaissance Boulevard. The property is currently zoned for a condominium development of up to 500 units, providing a framework for large-scale residential planning.
The site is described as conveniently located near major highways and along transportation corridors, with access to retail and dining amenities, as well as established residential areas. Overall, the property is positioned to support a range of condominium development concepts within the zoning parameters provided.
As currently stated, the key development takeaway is the ability to pursue condominium density up to 500 units under the existing zoning designation.
The site is described as conveniently located near major highways and along transportation corridors, with access to retail and dining amenities, as well as established residential areas. Overall, the property is positioned to support a range of condominium development concepts within the zoning parameters provided.
As currently stated, the key development takeaway is the ability to pursue condominium density up to 500 units under the existing zoning designation.
Key Highlights
- Vacant land at 1S476 Renaissance Blvd zoned for condominium development of up to 500 units
- Zoning supports large‑scale residential development with up to 500 condominium units allowed
- Convenient access to major highways and transportation corridors
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,717
Businesses Nearby
Explore this area
Business Placement
Demographics for 60181, IL
29,821
Population
12,485
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
6.5 sq mi
ZIP Area
4,588
Density / Sq Mi
$90,375
Median Household Income
$47,191
Median Earnings
$1,619
Median Rent
$294,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land zoned for condominium development up to 500 units, with convenient access to highways and nearby amenities.
Where is this residential land & home lot located?
The property is located at 1 Renaissance Boulevard Villa Park, IL.
What is the asking price?
The asking price for this property is $15,750,000.
What are key features of this property?
This property features: Vacant land at 1S476 Renaissance Blvd zoned for condominium development of up to 500 units; Zoning supports large‑scale residential development with up to 500 condominium units allowed; Convenient access to major highways and transportation corridors
