95th 88Th Ave Palos Hills, IL 60457
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.