Listing Agency: Jameson Commercial Real Estate j***@jamesonsir.com Show Phone

Listed By: Jason Hiller · License #IL 475158547

Source: Crexi

Added: May 31, 2023 Changed: Aug 8 Last Checked: Jul 24 at 10:39AM

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Investment Insights

Based on property information with market context.

This property features 10 acres of land, presenting a development opportunity. The county offers a 20-year tax abatement to developers, contingent on usage. The location provides access to schools, amenities, transportation, and shopping. Situated near South Cicero, the property is located west of 183rd Street on Lavergne Avenue.

Key Highlights

• 10 acres of prime land
• 20‑year tax abatement for developer (contingent on usage)
• Great development opportunity

Property Analytics

Property Profile

Current Use

Nursing facility Medical Clinic

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Spa & Massage Center

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

160

Businesses Nearby

Explore this area Business Placement

Demographics for 60478, IL

16,893

Population

5,761

Households

2.9

Avg Household Size

39

Median Age

27%

College-Educated

94%

High-School Grad

9.8 sq mi

ZIP Area

1,724

Density / Sq Mi

$76,936

Median Household Income

$42,121

Median Earnings

$1,677

Median Rent

$180,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 10 acres of land suitable for development.

Where is this land located?

The property is located at 18300 Lavergne Avenue Country Club Hills, IL.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: 10 acres of prime land; 20‑year tax abatement for developer (contingent on usage); Great development opportunity