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Residential Development Land Parcel
For Sale
$59,900

22501 KARLOV Avenue, Richton Park, IL 60471

Residential land parcel with street access from Karlov and space to build multiple homes.

Property SizeContact for details
Lot Size2.76 Acres
Days on Market639

Property Features for 22501 KARLOV Avenue

General Information

Standard status Active
Lot size 2.76 Acres
Property subtype Lots/Land

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $2,675
Listing Agency: RE/MAX 10
Listed By: Charlotte Miles · License #471010237
Source: Exitrealty
Added: Nov 19, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:54PM

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 10

Investment Insights

Based on property information with market context.

This for-sale land parcel totals 2.76 acres and is offered as an opportunity to build several homes. The property’s acreage is meant to be reviewed directly, with Google Maps referenced for a better view.

The parcel has street access from Karlov (east side). The listing also notes the possibility of acquiring an additional larger tract in the same vicinity, with several related MLS numbers provided for further information.

The offering is presented as development land suitable for residential construction, with the specific build-out plan left to the buyer’s design and approval process.

Key Highlights

  • 2.76‑acre residential land parcel with street access from Karlov (east side)
  • Zoned and laid out for building several homes on the 2.76‑acre tract
  • Option to acquire additional land in the same vicinity, including 24+ acres (see listed MLS numbers)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Restaurant Dental Office

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

Demographics for 60471, IL

13,155
Population
5,505
Households
2.4
Avg Household Size
40
Median Age
30%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
3,289
Density / Sq Mi
$72,241
Median Household Income
$47,029
Median Earnings
$1,319
Median Rent
$200,800
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 land parcel with street access from Karlov and space to build multiple homes.
Where is this residential land & home lot located?
The property is located at 22501 KARLOV Avenue Richton Park, IL.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 2.76‑acre residential land parcel with street access from Karlov (east side); Zoned and laid out for building several homes on the 2.76‑acre tract; Option to acquire additional land in the same vicinity, including 24+ acres (see listed MLS numbers)
More about this property
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