Listing Agency: Compass k***@compass.com Show Phone

Listed By: Litsa Lekatsos Show Phone

Source: Exprealty

Added: Aug 21, 2025 Changed: Oct 21 Last Checked: Oct 23 at 1:16PM

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Investment Insights

Based on property information with market context.

This property features R-8 zoning and is level with trees, and is not in a wetland. The zoning allows for the construction of up to 62 efficiency units, 41 one- or two-bedroom units, 25 three-bedroom units, or 15 four-bedroom units. Lyman Avenue is dedicated but not built up. The State of Illinois has verbally agreed to provide an easement for access. Alternatively, an easement from ComEd could provide access from Linnea Lane, with ComEd agreeing to provide an easement at a price.

Key Highlights

• R‑8 Zoning allows for multiple unit development (up to 62 efficiency units).
• Property is level and treed.
• Property is not in a wetland area.

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Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant 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

815

Businesses Nearby

Explore this area Business Placement

Demographics for 60016, IL

61,888

Population

25,613

Households

2.4

Avg Household Size

42

Median Age

43%

College-Educated

89%

High-School Grad

12.1 sq mi

ZIP Area

5,115

Density / Sq Mi

$84,044

Median Household Income

$50,180

Median Earnings

$1,406

Median Rent

$300,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Land with R-8 zoning, suitable for various residential units.

Where is this land located?

The property is located at 9600 Lyman Ave Des Plaines, IL.

What is the asking price?

The asking price for this property is $370,000.

What are key features of this property?

This property features: R‑8 Zoning allows for multiple unit development (up to 62 efficiency units).; Property is level and treed.; Property is not in a wetland area.