511 Cossitt Ave La Grange, IL 60525
This exceptional 0.92-acre parcel in desirable La Grange, Illinois presents a unique development opportunity. Located at 511 E Cossitt Ave, this property boasts an enviable location within walking distance of the vibrant downtown area and convenient Metra train access. The land is zoned R6, allowing for a variety of residential construction possibilities. The substantial lot size encompasses approximately 40,000 square feet, subdivided into eight separate lots, offering flexibility for developers. This rare large parcel provides a significant advantage in a highly sought-after community. The Cook County address and 60525 zip code further highlight the prime location. This is an exceptional chance to acquire a substantial residential development site in a thriving Illinois town. The property's size and zoning make it ideal for a variety of residential projects, catering to the strong demand for housing in this area. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. The asking price is $1,150,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.