Listing Agency: Millennium Properties R/E s***@mpirealestate.com Show Phone

Listed By: Susan Silver · License #IL 475136992

Source: Crexi

Added: Jan 26, 2018 Changed: Aug 8 Last Checked: Aug 8 at 4:16AM

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Investment Insights

Based on property information with market context.

This 3.01-acre residential land site is located on a quiet cul-de-sac. The property includes a 2,350 square foot house. Under the current zoning, the site can potentially be subdivided into a minimum of 10,000 square foot lots. The property is located close to Roosevelt Road and the Kingery Highway (Route 83) in Villa Park, a community of almost 22,000 people located 16 miles west of downtown Chicago. The location is a short drive from Oak Brook and the Rosemont/O’Hare area.

Key Highlights

• Significant price reduction (over $2,000,000)
• 3.01 acre residential land site
• Potential for subdivision into 10,000 square foot lots

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Garden Center Barber Shop Nail Salon

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

336

Businesses Nearby

Explore this area Business Placement

Demographics for 60181, IL

29,821

Population

12,485

Households

2.4

Avg Household Size

38

Median Age

38%

College-Educated

92%

High-School Grad

6.5 sq mi

ZIP Area

4,588

Density / Sq Mi

$90,375

Median Household Income

$47,191

Median Earnings

$1,619

Median Rent

$294,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 3.01 acre residential land site with subdivision potential.

Where is this residential land & home lot located?

The property is located at 625 E Van Buren St Villa Park, IL.

What is the asking price?

The asking price for this property is $2,850,000.

What are key features of this property?

This property features: Significant price reduction (over $2,000,000); 3.01 acre residential land site; Potential for subdivision into 10,000 square foot lots