Residential

Park Forest, IL Residential Land & Home Lots for Sale

Notify Me
List
Map
Monee, IL Crete, IL Richton Park, IL Ford Heights, IL Matteson, IL Beecher, IL Olympia Fields, IL Flossmoor, IL
8 properties
Sort:
University Park Vacant Land
Updated: May 30
University Park Vacant Land

608 Sullivan Lane, University Park, IL 60484

$32,000
0.75 AC lot
Four connected vacant lots sold together, ideal for development.
Totaling approximately 0.75 acres (32,844 sq ft).
Located at 916 Blackhawk Dr and 608, 610, 612 Sullivan Lane, University Park, IL 60484.
Lot sizes range from .16 acres (7,171 sq ft) to .21 acres (9,148 sq ft).
Suitable for new construction.
View details
University Park Developable Land
Updated: Jan 19
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot
Developable 3.2‑acre land parcel in a desirable Chicago suburb
24 existing concrete housing pads, with room for 24 more
Over 300 feet of frontage on highly traveled Burnham Drive
Additional access from multiple paved roads
Located approximately 30 miles south of downtown Chicago
View details
Residential Lot in University Park
Residential Lot in University Park

735 Union Drive, University Park, IL 60484

Contact for pricing
0.15 AC lot

0.15-acre residential lot in peaceful Wood Hills Ridgeview subdivision.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Residential Development Land with Pads
Residential Development Land with Pads

976 Mesa Court, University Park, IL 60484

$149,900
3.20 AC lot

Unfinished residential development site with 24 concrete housing pads and room for additional pads, with 300+ feet of frontage.

View details
LAND - Park Forest, IL
LAND - Park Forest, IL

Vacant Western Avenue, Park Forest, IL 60466

$150,000
6.96 AC lot

Land · 6.96 Acres

View details
Multifamily Zoned Brick Building Site
Multifamily Zoned Brick Building Site

99 Dogwood St, Park Forest, IL 60466

Contact for pricing
10,000 sqft 5.50 AC lot

5.5± acre site includes a 10,000± sq ft brick building sold as-is, zoned R-3 multifamily.

View details
Vacant Lot on Central Park
Vacant Lot on Central Park

23345 Central Park Avenue, Park Forest, IL 60466

$82,900
3.95 AC lot

3.95 acre vacant lot suitable for single-family or duplex development.

View details
5.4 Acre Development Site
5.4 Acre Development Site

S Kedzie Ave, University Park, IL 60484

Contact for pricing
5.40 AC lot

5.4 acre site zoned for townhomes and multi-family.

View details
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Park Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Richton Park Vacant Land
Richton Park Vacant Land

23345 Central Park Avenue, Richton Park, IL 60471

$72,900
3.55 AC lot

3.55 acre vacant lot suitable for single-family or duplex development.

View details
Large Cleared Lot in Crete
Large Cleared Lot in Crete

24232 Kings Road, Crete, IL 60417

$74,900
2.86 AC lot

2.86-acre cleared parcel ready for new construction in Crete, IL.

View details
Richton Park Land for Development
Richton Park Land for Development

22600 KARLOV Avenue, Richton Park, IL 60471

$429,900
17.21 AC lot

17.21 acres for single-family home development in Richton Park.

View details
Unimproved Land
Unimproved Land

24232 S Kings Road, Crete, IL 60417

$69,900

Residential land & home lots

View details

Park Forest, IL Residential Land & Home Lots Market Trends and Statistics

Explore 8 residential land & home lots for sale in Park Forest, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 1,268,032 square feet of properties for sale, with an estimated market value of $414,800.

Sale prices for home sites in Park Forest, IL start at $32,000, averaging $103,700, and reaching up to $150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Commercial land 1

Demographics Overview

Population 28K
Population Growth (5Y) -1.7%
Median Household Income $63,409
College Educated 36.1%

High-Yield Neighborhoods for Investment

Identify Park Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60466 $150K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings