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Fountain Hills Development Opportunity
For Sale
$275,000

11108 Waters Edge Drive, Orland Park, IL 60467

Residential lot zoned R4 for multi-unit rental property development.

Property SizeContact for details
Lot Size0.55 Acres
Days on Market937

Property Features for 11108 Waters Edge Drive

General Information

Standard status Active
Lot size 0.55 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $4,148
Listing Agency: VILLAGE REALTY INC
Listed By: ARLENE SCOTT · License #475191339
Source: Corcoran
Added: Jan 15, 2024 Changed: Aug 8 Last Checked: Jul 15 at 8:17PM

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 VILLAGE REALTY INC

Investment Insights

Based on property information with market context.

This property presents a development opportunity for a multi-unit rental property. Located in Fountain Hills, it is zoned R4 according to Orland Township records. This is the only lot available in Fountain Hills, representing a unique opportunity for a builder or developer. It is the future site of The Excelsior of Fountain Hills.

Key Highlights

  • Only lot available in Fountain Hills.
  • Zoned R4 allowing multi‑unit development.
  • Great opportunity to build multi‑unit rental property.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Daycare Center Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 60467, IL

26,098
Population
10,055
Households
2.6
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
1,763
Density / Sq Mi
$109,329
Median Household Income
$63,685
Median Earnings
$2,202
Median Rent
$392,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot zoned R4 for multi-unit rental property development.
Where is this residential land & home lot located?
The property is located at 11108 Waters Edge Drive Orland Park, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Only lot available in Fountain Hills.; Zoned R4 allowing multi‑unit development.; Great opportunity to build multi‑unit rental property.
More about this property
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