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Vacant Residential Lot Opportunity

221 N Graylynn Drive, Mount Prospect, IL 60056

For Sale
$165,000

Vacant lot in an established Mount Prospect neighborhood, conveniently near schools, parks, and Metra access.

Property SizeContact for details
Days on Market525

Property Features for 221 N Graylynn Drive

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $895
Listing Agency: @properties Christie's International Real Estate
Listed By: David Wisneski · License #471022618
Source: Exitrealty
Added: Jun 3, 2025 Changed: Nov 6 Last Checked: Nov 8 at 2:24AM

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 @properties Christie's International Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This listing offers a vacant residential lot in an established Mount Prospect neighborhood. The parcel is undeveloped and provides a blank canvas for a future home.

The property is described as being conveniently close to nearby schools, parks, and Metra access, with Downtown Mount Prospect boutiques and restaurants also within reach. A short drive is noted to Randhurst Village shopping, and the area is described as close to Costco and Walmart.

Prospective buyers should confirm all building requirements and feasibility directly with the local authorities prior to purchase.

Key Highlights

  • Vacant lot in an established Mount Prospect neighborhood
  • Build your dream home on this blank‑canvas parcel
  • Close to schools, parks, and forest preserve

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Auto Repair Shop Big Box & Wholesale Store Electrical Service

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

141
Businesses Nearby

Demographics for 60056, IL

57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot in an established Mount Prospect neighborhood, conveniently near schools, parks, and Metra access.
Where is this residential land & home lot located?
The property is located at 221 N Graylynn Drive Mount Prospect, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Vacant lot in an established Mount Prospect neighborhood; Build your dream home on this blank‑canvas parcel; Close to schools, parks, and forest preserve
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