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Residential Development Land
For Sale
$64,500

22320 Karlov Avenue, Richton Park, IL 60471

2.76-acre parcel available for residential home construction, with projections supporting up to eight single-family homes.

Property SizeContact for details
Lot Size2.76 Acres
Days on Market679

Property Features for 22320 Karlov Avenue

General Information

Standard status Active
Lot size 2.76 Acres
Property subtype Land
Zoning SINGL

Taxes and HOA fees

Annual Taxes $6,847
Listing Agency: RE/MAX 10
Listed By: Charlotte Miles · License #471010237
Source: Compass
Added: Oct 11, 2024 Changed: Aug 8 Last Checked: Mar 25 at 6:26PM

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 RE/MAX 10

Investment Insights

Based on property information with market context.

This offering presents a 2.76-acre residential development parcel suitable for building single-family homes. The projected development plan indicates the possibility of up to eight homes on the site (see additional information graph).

The property is located on the west side of Karlov Avenue in Richton Park, IL. Additional acreage options may be available in the same vicinity, including parcels listed under MLS numbers 12197916, 12197921, 12197929, 12213852 (2.70 acres), 12213032 (4.81 acres), and 12213039 (17.21 acres).

Key Highlights

  • 2.76‑acre residential development parcel on the west side of Karlov.
  • Projected development supports the possibility of up to 8 single‑family homes (per provided projections).
  • Additional nearby acreage option: consider 24+ acres in the same vicinity (per provided remarks).

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

530
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 - 2.76-acre parcel available for residential home construction, with projections supporting up to eight single-family homes.
Where is this residential land & home lot located?
The property is located at 22320 Karlov Avenue Richton Park, IL.
What is the asking price?
The asking price for this property is $64,500.
What are key features of this property?
This property features: 2.76‑acre residential development parcel on the west side of Karlov.; Projected development supports the possibility of up to 8 single‑family homes (per provided projections).; Additional nearby acreage option: consider 24+ acres in the same vicinity (per provided remarks).
More about this property
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