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Residential Land in Richton Park
For Sale
$109,900

22300 KARLOV Avenue, Richton Park, IL 60471

Land, Richton Park, IL

Property SizeContact for details
Lot Size4.81 Acres
Days on Market641

Property Features for 22300 KARLOV Avenue

General Information

Property type Land
Property subtype Other
Zoning MULTI
Elementary school Sauk Elementary School
Middle school O W Huth Middle School
Elementary school district 162
Middle school district 162
High school district 227
Directions SAUK TRAIL TO KARLOV SOUTH TO VACANT LAND. DIRECTLY SOUTH OF TOWNHOUSES ON WEST SIDE OF STREET.
Subdivision Richton Park
Special listing conditions In Foreclosure
Standard status Active
APN 31342010160000
Lot size 4.81 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11933
Listing Agency: RE/MAX 10 · RE/MAX International
Listed By: Charlotte Miles · License #471010237
Added: Nov 17, 2024 Changed: Aug 20 Last Checked: Aug 20 at 9:06PM
MLS# 12213032

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.81-acre parcel of land, located on the west side of Karlov Avenue in Richton Park, Illinois, presents an opportunity for residential development. The property is zoned MULTI and is suitable for building residential homes. A projected development plan suggests the possibility of constructing up to 24 single-family homes on the site. Additional acreage in the vicinity may also be available, including parcels directly across the street and others nearby. The parcel is for vacant land only; the existing building is not included in the sale.

Key Highlights

  • 4.81 acres of land suitable for residential development
  • Potential to build approximately 24 single‑family homes
  • Located on the west side of Karlov

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

468
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 4.81 acres of land suitable for residential development.
Where is this residential land & home lot located?
The property is located at 22300 KARLOV Avenue Richton Park, IL.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 4.81 acres of land suitable for residential development; Potential to build approximately 24 single‑family homes; Located on the west side of Karlov
More about this property
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