2.1 ACRES IN ORLAND PARK

Vacant Land for Sale
Catylist Listing ID: 30044275
Property Subtypes: Industrial, Office, Self Storage
Gross Land Area: 2.10 Acres
Sale Price: $240,000
Unit Price: $114,285 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2018

Overview / Comments

TWO PARCELS AVAILABLE WITH A TOTAL OF 2.1 ACRES OF LAND. PROPERTY HAS A DETENTION POND AND ITS READY TO BE BUILT ON. DEVELOPER HAS ENGINEERED DRAWINGS OF A 22,000 SF INDUSTRIAL BUILDING WITH A DOCK THAT HAD BEEN PREVIOUSLY APPROVED BY ORLAND PARK. LOCATED IN WILL COUNTY WITH LOW TAXES. ZONED ORI WHICH ALLOWS FOR LIGHT INDUSTRIAL & ASSEMBLY, OFFICE, OUTSIDE STORAGE AND MUCH MORE. VERY CLOSE ACCESS TO I-80.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $4,609 (Annual)

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Zoning: ORI
Property Located Between: WOLF RD. & 114th AVE.
Property Visibility: Excellent
Largest Nearby Street: WOLF RD.
Feet of Frontage: 347
Highway Access: EASY ACCESS TO I-80
Lot Frontage: 347
Lot Depth: 264
Zoning Description: ZONING ALLOWS FOR LIGHT INDUSTRIAL, OFFICE, RETAIL, SELF STORAGE AND SOME MEDICAL USE.
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,225 51,992 178,532
Median Age: 44.26 42.15 40.82
Households: 2,732 17,998 62,637

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