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Property profile & analytics
OFF-MARKET
Land

95th 88Th Ave Palos Hills, IL 60457

29.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 29.92-acre commercial land parcel presents a unique investment opportunity in Palos Hills, Illinois. Strategically located at the Northwest quadrant of 95th Street and 88th Avenue, this property boasts 1,705 linear feet of frontage along the heavily trafficked 95th Street (Route 12), experiencing 16,300 vehicles daily. Its prime location offers unparalleled access to major transportation arteries, including the I-294 full interchange, which sees 151,600 vehicles daily, and LaGrange Road (Route 45) with 36,600 vehicles daily. The property is zoned PUD (Planned Unit Development), allowing for diverse development options including senior living, retail, and office spaces. A proposed Tax Increment Financing (TIF) district further enhances its investment appeal. The property's four parcel numbers are 23-03-400-022, 23-03-400-030, 23-03-402-006, and 23-03-402-009, and the annual property taxes are $272,287.90. This significant land holding offers substantial potential for a high-return development project. The asking price for this exceptional property is $5,500,000. Don't miss this chance to acquire a premier commercial land asset in a thriving Cook County location.

Property profile
Verified
Property type Land
Lot 29.92 ac (1,303,315 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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