Kedzie Ave University Park, IL 60484
- Land
- 5.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Kedzie Ave
- Lot size
- 5.40 lot acres
- Property type
- Land
Description
This exceptional 5.4-acre parcel in University Park, Illinois, presents a prime opportunity for residential development. Zoned R-4, it's ideal for townhomes or multi-family dwellings. The property boasts convenient access to amenities, including the University Park Police Station (within walking distance), University Park Town Center shopping, and Deer Creek Golf Course (a short drive away). Governors State University, with its large student population, is also nearby, creating strong rental demand. All utilities are at the property line. The location offers significant advantages, situated just 30 miles south of Chicago and within close proximity to major employers, including a new Amazon distribution center and numerous warehouses and logistics facilities. This translates to a robust potential tenant pool for any developed residential units. The site's strategic location near the university and employment hubs makes it an attractive investment, further enhanced by the availability of owner financing. The APN is 2114123060180000. This is a fee simple ownership. The asking price is $162,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- University Park
- County
- Will
- State
- Illinois
- Longitude
- -87.6902
- Latitude
- 41.4461
