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11250 Archer Ave Lemont, IL 60439

For Sale
$950,000

Prime Lemont land, 48 residential units, excellent investment.

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional investment opportunity presents 35 single-family lots and a 14-lot townhome development, totaling 48 units. Located at 11250 Archer Avenue in Lemont, Illinois (zip code 60439), this Cook County property is priced at $950,000. The existing subdivision offers a variety of attractive home designs. Single-family homes feature six ranch plans with walk-out basements, each boasting two bedrooms and two bathrooms, and a generous 1702 square feet (Florenza model). Four two-story models (Modesto) are also available, offering three bedrooms, two and a half bathrooms, and 1868 square feet, with two featuring walk-out basements. The development originated in 2016, providing a solid foundation for immediate returns or future expansion. This property's prime location in Lemont, Illinois, offers significant potential for growth and profitability. The detailed plans and existing infrastructure make this a turnkey investment opportunity ready for immediate development or rental income generation. This is a rare chance to acquire a substantial residential land parcel in a desirable location.

Property Features for 11250 Archer Ave

General Information

Property type
Land

HighLights

  • 48‑unit residential development in Lemont, IL (60439): 35 single‑family lots and 14 townhome lots.
  • Developed in 2016.
  • Single‑family homes offer six ranch plans (1,702 sq ft, 2 bed/2 bath) and four two‑story plans (1,868 sq ft, 3 bed/2.5 bath); two two‑story models feature walk‑out basements.
  • $950,000 asking price.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mithil Myth Patel ... Real Estate Agent

Suggested Use

Restaurant Building Supply Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Department Store Kitchen & Bath Car Rental Cosmetics Store

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

Location Insight

  • Map
  • Local Demand
City
Lemont
County
Cook
State
Illinois
Longitude
-87.934475
Latitude
41.685893

FAQs

What type of property is this?
Land - Prime Lemont land, 48 residential units, excellent investment.
Where is this land located?
The property is located at 11250 Archer Ave Lemont, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 48-unit residential development in Lemont, IL (60439): 35 single-family lots and 14 townhome lots.; Developed in 2016.; Single-family homes offer six ranch plans (1,702 sq ft, 2 bed/2 bath) and four two-story plans (1,868 sq ft, 3 bed/2.5 bath); two two-story models feature walk-out basements.
More about this property
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