R-3 Zoned Multi-Unit Development
For Sale
$2,500,000
29W548 Cape Avenue, West Chicago, IL 60185
Three-lot parcel zoned R-3 with stated capacity for up to 20 units.
Property SizeContact for details
Lot Size9.00 Acres
Days on Market1363
Property Features for 29W548 Cape Avenue
General Information
Standard status
Active
Lot size
9.00 Acres
Property subtype
Land
Zoning
SINGL
Taxes and HOA fees
Annual Taxes
$5,604
Listing Agency:
Charles Rutenberg Realty of IL
(630) 674-1940
Listed By:
Lala Zeynalova · License #475146428
(630) 674-1940
Source:
Compass
Added: Nov 19, 2022
Changed: Aug 8
Last Checked: Mar 25 at 1:35PM
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 Charles Rutenberg Realty of IL
Investment Insights
Based on property information with market context.
This R-3 zoned development parcel is currently divided into three lots and totals approximately 9 acres, totaling 392,040 square feet. Based on information provided by DuPage County, the property is listed with the potential to build up to 20 units. The site is surrounded by single-family homes and includes mature walnut, oak, and maple trees.
Located at 29W548 Cape Avenue in West Chicago, Illinois, the property offers a wooded setting within a residential neighborhood. Public remarks also reference low taxes, and the seller is described as motivated.
For buyers seeking a multi-unit opportunity on a three-lot site, this property’s R-3 designation and stated up-to 20-unit capacity are the key starting points for due diligence and planning.
Located at 29W548 Cape Avenue in West Chicago, Illinois, the property offers a wooded setting within a residential neighborhood. Public remarks also reference low taxes, and the seller is described as motivated.
For buyers seeking a multi-unit opportunity on a three-lot site, this property’s R-3 designation and stated up-to 20-unit capacity are the key starting points for due diligence and planning.
Key Highlights
- Zoned R‑3 and currently divided into three lots
- Total acreage approximately 9 acres (392,040 sq. ft.)
- DuPage County information states you can build up to 20 units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 60185, IL
34,775
Population
11,030
Households
3.2
Avg Household Size
37
Median Age
33%
College-Educated
84%
High-School Grad
30.9 sq mi
ZIP Area
1,125
Density / Sq Mi
$105,063
Median Household Income
$41,439
Median Earnings
$1,400
Median Rent
$313,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three-lot parcel zoned R-3 with stated capacity for up to 20 units.
Where is this residential land & home lot located?
The property is located at 29W548 Cape Avenue West Chicago, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Zoned R‑3 and currently divided into three lots; Total acreage approximately 9 acres (392,040 sq. ft.); DuPage County information states you can build up to 20 units
