Property profile

0 North St Park Forest, IL 60466

OFF-MARKET
Land
31,098 SF 0.71 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a rare opportunity in Park Forest, Illinois. Comprising two contiguous parcels (APN: 31-25-208-011-0000, 31-25-208-012-000), this property boasts a combined acreage of between 0.71 and 0.75 acres, situated on North Street. The total square footage ranges from 31,098 to 32,850 square feet, providing ample space for various development projects. The land features a desirable level topography, simplifying construction and site preparation. Located within Cook County, the property is zoned M-Manufacturing District, making it perfectly suited for industrial or manufacturing uses. Its convenient Park Forest location, with a zip code of 60466, offers easy access to transportation routes and essential amenities. This vacant land presents a blank canvas for a wide range of commercial ventures, promising significant potential for investors and developers seeking a prime location in a thriving area. The property's size and zoning make it an attractive proposition for businesses seeking to establish a strong presence in the region. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Total area 31,098 SF
Lot 0.71 ac (30,928 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

North St Park Forest, IL 60466
Park Forest metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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