Town Center Development
For Sale
Contact for pricing
16056 S Park Ave, South Holland, IL 60473
Commercial land in the Town Center District with condominium concept plans and underground parking included in the proposed design.
Property SizeContact for details
Lot Size0.60 Acres
Days on Market656
Property Features for 16056 S Park Ave
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
LAND
Listing Agency:
Lagestee-Mulder (LM)
(708) 333-8338
Listed By:
Martha Winter · License #471002749
(224) 523-9174
Source:
Moodyscre
Added: Nov 15, 2024
Changed: Sep 2
Last Checked: Sep 1 at 8:59PM
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 approximately 0.6-acre commercial land parcel is located in the Town Center District and is positioned for a potential three-story multifamily condominium development. Architectural concept plans have been developed for a 26-unit building with a mix of one- and two-bedroom residences and underground parking for 27 cars. Concept drawings are available for review.
The site is on South Park Avenue near Veterans Memorial Park, within walking distance of town and close to the Route 6 commercial corridor. The property is part of the Route 6 South Park Avenue TIF area, and the Village of South Holland has established a downtown vision that includes condominium development on the municipally owned land.
The site is on South Park Avenue near Veterans Memorial Park, within walking distance of town and close to the Route 6 commercial corridor. The property is part of the Route 6 South Park Avenue TIF area, and the Village of South Holland has established a downtown vision that includes condominium development on the municipally owned land.
Key Highlights
- +/- 0.6 acres in the Town Center District
- Architectural concept plans for a 26‑unit condominium building
- Potential 3 story multifamily condo building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Explore this area
Business Placement
Demographics for 60473, IL
21,661
Population
7,969
Households
2.7
Avg Household Size
43
Median Age
27%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,777
Density / Sq Mi
$88,046
Median Household Income
$40,903
Median Earnings
$1,914
Median Rent
$200,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land in the Town Center District with condominium concept plans and underground parking included in the proposed design.
Where is this commercial land located?
The property is located at 16056 S Park Ave South Holland, 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: +/- 0.6 acres in the Town Center District; Architectural concept plans for a 26‑unit condominium building; Potential 3 story multifamily condo building
