Listing Agency: Lagestee-Mulder (LM) Show Phone

Listed By: Martha Winter · License #471002749 Show Phone

Source: Moodyscre

Added: Nov 15, 2024 Changed: Aug 17 Last Checked: Aug 20 at 12:12PM

Report an Issue

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 Lagestee-Mulder (LM)

Investment Insights

Based on property information with market context.

This 0.6-acre parcel presents an exceptional opportunity for condominium development in South Holland's Town Center District. Located on South Park Ave near Veterans Memorial Park, the site has potential for a three-story multifamily condominium building. Architectural plans have been developed for a 26-unit condominium building with underground parking for 27 cars. The Village of South Holland envisions a three-story condominium property with 26 one- and two-bedroom units. Architectural concept plans are available. The property is within walking distance to town and Veterans Memorial Park and in close proximity to the Route 6 commercial corridor.

Key Highlights

• Approved architectural plans for a 26‑unit condominium building with underground parking already developed.
• Prime 0.6‑acre location in South Holland's Town Center District.
• Includes underground parking for 27 cars.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Storage Facility

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

791

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Land - 0.6-acre parcel for 26-unit condo development with underground parking.

Where is this land located?

The property is located at 16056 S Park Ave IL.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: Approved architectural plans for a 26‑unit condominium building with underground parking already developed.; Prime 0.6‑acre location in South Holland's Town Center District.; Includes underground parking for 27 cars.