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Listed by Michael Scolaof RE/MAX Partners
$ 149,900
Est. payment | /mo
$ 149,900
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12595468
Annual Tax Amount $3,473
Tax Year 2024
Lot Dimensions 75 X 123
Property Sub-Type Land
Property Description
Exceptional development opportunity in the heart of Cicero! This oversized 75 x 123 vacant lot is zoned for residential/commercial use, offering incredible flexibility for builders and investors alike. Approved potential to develop up to 15 units, with options for 1-bedroom/1-bath or 2-bedroom/1-bath layouts-perfect for maximizing rental income and long-term returns. The generous lot dimensions allow for efficient design and functionality, including space for approximately 15 parking spots-a rare and highly desirable feature for multi-unit developments. Located in a well-established area with convenient access to major expressways, public transportation, shopping, and dining, this property is ideally positioned for strong tenant demand. Whether you're looking to build and hold or develop and sell, this is a rare opportunity to capitalize on a high-density project in a growing market.
Location
State IL
County Cook
Zoning COMMR
Rooms
Basement None
Interior
Cooling None
Fireplace N
Exterior
Utilities Available None
View Y/N true
Schools
School District 99, 99, 201
Others
Ownership Fee Simple
Special Listing Condition None
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