Downtown Redevelopment Land
For Sale
Contact for pricing
Pending
424 Forest Avenue, Glen Ellyn, IL 60137
Infill land parcel offered as a portion of 424 Forest Ave, with development potential up to 45 feet.
Property SizeContact for details
Lot Size0.28 Acres
Days on Market774
Property Features for 424 Forest Avenue
General Information
Standard status
Pending
Lot size
0.28 Acres
Property subtype
Land
Listing Agency:
Shepherd Group
Listed By:
Frank Sakelaris · License #471014609
Source:
Crexi
Added: Jul 27, 2024
Changed: Aug 8
Last Checked: Jul 24 at 10:04AM
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 Shepherd Group
Investment Insights
Based on property information with market context.
Opportunity to acquire a portion of 424 Forest Avenue in Glen Ellyn, Illinois. The offering is presented to developers and investors as a well-located, versatile redevelopment site that includes the north portion of the existing church area from First United Methodist Church of Glen Ellyn.
Development potential allows for a maximum building height of 45 feet, with the opportunity to build approximately 30,000 to 36,000 square feet. The property is described as being in the heart of downtown Glen Ellyn and includes adjacency to the new Glen Ellyn Municipal parking lot. The area is also identified as having nearby amenities such as restaurants and parks, with a quick walk to the train station.
As one of the last infill sites in Glen Ellyn, the parcel provides a focused redevelopment footprint for an appropriate site plan within the stated height and buildable square-foot range.
Development potential allows for a maximum building height of 45 feet, with the opportunity to build approximately 30,000 to 36,000 square feet. The property is described as being in the heart of downtown Glen Ellyn and includes adjacency to the new Glen Ellyn Municipal parking lot. The area is also identified as having nearby amenities such as restaurants and parks, with a quick walk to the train station.
As one of the last infill sites in Glen Ellyn, the parcel provides a focused redevelopment footprint for an appropriate site plan within the stated height and buildable square-foot range.
Key Highlights
- Infill land parcel offered as a portion of 424 Forest Ave in downtown Glen Ellyn, IL
- Land site is approximately 12,000 SF (includes the north portion of the existing church)
- Redevelopment opportunity: build up to a maximum height of 45 feet
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Explore this area
Business Placement
Demographics for 60137, IL
38,985
Population
15,049
Households
2.6
Avg Household Size
41
Median Age
64%
College-Educated
95%
High-School Grad
11.0 sq mi
ZIP Area
3,544
Density / Sq Mi
$131,695
Median Household Income
$68,931
Median Earnings
$1,321
Median Rent
$490,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Infill land parcel offered as a portion of 424 Forest Ave, with development potential up to 45 feet.
Where is this commercial land located?
The property is located at 424 Forest Avenue Glen Ellyn, IL.
What are key features of this property?
This property features: Infill land parcel offered as a portion of 424 Forest Ave in downtown Glen Ellyn, IL; Land site is approximately 12,000 SF (includes the north portion of the existing church); Redevelopment opportunity: build up to a maximum height of 45 feet
