Transit-Oriented Development
For Sale
Contact for pricing
7459 Franklin St, Forest Park, IL 60130
2.5-acre land parcel adjacent to the Metra rail line, with half located within a TIF district.
Property SizeContact for details
Lot Size2.50 Acres
Days on Market119
Property Features for 7459 Franklin St
General Information
Standard status
Active
Lot size
2.50 Acres
Property subtype
LAND
Listing Agency:
Colliers | Chicago Rosemont
(847) 989-8359
Listed By:
Anne Dempsey · License #471005418
(847) 989-8359
Source:
Moodyscre
Added: Apr 13
Changed: Aug 8
Last Checked: Jul 24 at 4:56AM
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 Colliers | Chicago Rosemont
Investment Insights
Based on property information with market context.
The subject property is a 2.5-acre land site in Forest Park, Illinois, positioned adjacent to the Metra rail line. The offering is described as well-suited for transit-oriented development and for a high-density residential project designed to take advantage of its connectivity.
Public remarks also note proximity to public transit, major roadways, and local amenities, supporting commuter-friendly development goals. The property includes a TIF component, with half of the site indicated as being within a TIF area, and the municipality is noted as being motivated.
As presented, this is a development-focused land opportunity centered on transit access and TIF participation.
Public remarks also note proximity to public transit, major roadways, and local amenities, supporting commuter-friendly development goals. The property includes a TIF component, with half of the site indicated as being within a TIF area, and the municipality is noted as being motivated.
As presented, this is a development-focused land opportunity centered on transit access and TIF participation.
Key Highlights
- 2.5‑acre land parcel in the heart of Forest Park, IL, adjacent to the Metra rail line
- Half of the property is located within a TIF (Tax Increment Financing) district
- Site offers proximity to public transit and major roadways, supporting transit‑oriented development planning
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,291
Businesses Nearby
Explore this area
Business Placement
Demographics for 60130, IL
14,346
Population
7,777
Households
1.8
Avg Household Size
42
Median Age
50%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
5,124
Density / Sq Mi
$81,323
Median Household Income
$61,518
Median Earnings
$1,352
Median Rent
$293,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.5-acre land parcel adjacent to the Metra rail line, with half located within a TIF district.
Where is this residential land & home lot located?
The property is located at 7459 Franklin St Forest Park, IL.
What are key features of this property?
This property features: 2.5‑acre land parcel in the heart of Forest Park, IL, adjacent to the Metra rail line; Half of the property is located within a TIF (Tax Increment Financing) district; Site offers proximity to public transit and major roadways, supporting transit‑oriented development planning
