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    46-48 St Chicago Heights, IL 60466
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    46-48 St, Chicago Heights, IL 60466

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    • Land
    • 2.03 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 46-48 St

    Lot size
    2.03 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 2.03-acre commercial and industrial land parcel, located at 46-48 W South St in Park Forest, IL (Cook County, zip code 60466), is offered for sale, ground lease, or build-to-suit. The property, identified by APN 31-25-208-018-0000, is strategically situated and bordered by North Street, Holy Street, and South Street. Its prime location offers significant potential for various commercial and industrial developments. The area boasts a substantial population base, with 85,809 residents within a 3-mile radius and 3,937 businesses in close proximity, presenting a strong market for potential ventures. The possibility of acquiring adjacent parcels for expanded acreage exists, providing further development flexibility. This presents a unique opportunity to establish a presence in a thriving community with excellent access and high visibility. The asking price for this exceptional property is $176,800. Further information regarding the Village of Park Forest can be found at villageofparkforest.com and information on the local chamber of commerce can be found at forestpark.net/dfp/chamber-commerce.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Chicago Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.6805
    Latitude
    41.4963
    More about this property
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