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    625 Van Buren St Villa Park, IL 60181

    Sponsored
    For Sale
    $3,900,000

    3.01 Acres, R-1 Zoning, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.01-acre residential development site in desirable Villa Park, Illinois, presents a compelling investment opportunity. Located on a tranquil cul-de-sac at 625 E Van Buren St, 60181, this property boasts significant potential for subdivision. The existing 2,350-square-foot house is included in the sale. Under the current R-1 zoning, the land can be subdivided into lots with a minimum size of 10,000 square feet, offering numerous development possibilities. The property enjoys a prime location, situated across the street from the Sugar Creek Golf Course and near Roosevelt Road and Kingery Highway (Route 83), providing convenient access to major transportation routes. Villa Park, a thriving community of nearly 22,000 residents, is just 16 miles west of downtown Chicago, offering proximity to major employment centers in Oak Brook and the Rosemont/O'Hare area. An adjacent 21-acre parcel is also available for purchase, presenting an opportunity for a larger-scale development project. With an average home sale price of $350,000 in the area, this site offers substantial upside potential. The asking price for this remarkable property is $3,900,000. Don't miss this chance to acquire a prime piece of land in a highly sought-after location.

    Property Features for 625 Van Buren St

    General Information

    Property type
    Land
    Lot Size
    131,116 SF

    HighLights

    • 3.01‑acre residential development site in Villa Park, IL.
    • Includes a 2,350 sq ft existing house.
    • Located on a quiet cul‑de‑sac.
    • Subdividable under current R‑1 zoning, minimum lot size 10,000 sq ft.
    • Across from Sugar Creek Golf Course, near major transportation routes.
    • Adjacent 21‑acre parcel also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Villa Park
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9635156
    Latitude
    41.8696477

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    FAQs

    What type of property is this?
    Land - 3.01 Acres, R-1 Zoning, High Potential
    Where is this land located?
    The property is located at 625 Van Buren St Villa Park, IL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: 3.01-acre residential development site in Villa Park, IL.; Includes a 2,350 sq ft existing house.; Located on a quiet cul-de-sac.
    (312) 338-3001
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    625 Van Buren St Villa Park, IL 60181
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    Villa Park, IL 60181
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    625 Van Buren St Villa Park, IL 60181
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