206 George St, Itasca, IL 60143
This exceptional 1.21-acre residential lot in Itasca, Illinois, presents a unique development opportunity. Located at 206 East George Street, the property boasts 196 feet of frontage on George Street and a depth of 268 feet. Currently zoned for single-family residential use (SINGL), this land offers significant potential. The property is being sold "as is," although the seller is open to discussing the possibility of selling individual lots from a potential three-lot subdivision. Public improvements are needed to facilitate this subdivision. The location is ideal, offering a secluded feel while remaining conveniently close to downtown Itasca, the Metra, schools, restaurants, churches, and expressways. Adjacent to a forest preserve, this property provides a tranquil setting with easy access to urban amenities. The asking price for this remarkable parcel is $624,900. This is a perfect opportunity for builders and developers seeking a prime location in a desirable area. The property is situated in DuPage County, Illinois, with a zip code of 60143. Buyers are encouraged to conduct their own due diligence regarding potential subdivision and necessary public improvements.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.