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Entitled Townhome Development Site
For Sale
Contact for pricing
Pending

20 Webster Avenue, Highwood, IL 60040

Fully entitled PUD development site for 14 townhome units with two-car garage spots per unit.

Property SizeContact for details
Days on Market131

Property Features for 20 Webster Avenue

General Information

Standard status Pending
Property subtype Land
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 4:33PM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This 0.7-acre development site has been fully entitled and approved under a PUD for the construction of 14 townhome units across four unique buildings. The PUD contemplates three-bedroom townhomes built over three stories, with potential for a partial fourth floor and roof deck, and includes two garage spots per unit.

Access to the property is available along both Webster and Clay Avenues. The site is located in Downtown Highwood, approximately a half block east of Sheridan Road and about a half block from the Highwood Metra Station, with dining and retail along Sheridan Road within the immediate area.

The townhome configurations are designed as roughly 2,210-square-foot units, providing a defined basis for the planned layout across the four buildings within the approved PUD framework.

Key Highlights

  • 0.7‑acre development site in Downtown Highwood, ~1/2 block east of Sheridan Road and the Highwood Metra Station
  • Fully entitled PUD for 14 townhome units across four unique buildings
  • Unit design: three‑bedroom, three stories with potential partial 4th floor and roof deck

Property Analytics

Current Use

Garage Door Repairs ... Hardware & Home Improvement Isaiah Heating and Cooling ... HVAC Service HealthMarkets Insurance - Janet ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Dental Office Furniture & Home Goods Computer & Electronic Repair

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

687
Businesses Nearby

Demographics for 60040, IL

5,102
Population
1,969
Households
2.6
Avg Household Size
37
Median Age
38%
College-Educated
80%
High-School Grad
0.8 sq mi
ZIP Area
6,378
Density / Sq Mi
$101,862
Median Household Income
$41,361
Median Earnings
$1,800
Median Rent
$454,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully entitled PUD development site for 14 townhome units with two-car garage spots per unit.
Where is this residential land & home lot located?
The property is located at 20 Webster Avenue Highwood, IL.
What are key features of this property?
This property features: 0.7‑acre development site in Downtown Highwood, ~1/2 block east of Sheridan Road and the Highwood Metra Station; Fully entitled PUD for 14 townhome units across four unique buildings; Unit design: three‑bedroom, three stories with potential partial 4th floor and roof deck
(847) 780-8062 Call to check price and availability
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