Current Use by Public Records
- Land
Property Details for 95th 88Th Ave
- Lot size
- 29.92 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palos Hills
- County
- Cook
- State
- Illinois
- Longitude
- -87.8372
- Latitude
- 41.7183
