About the Listing 16548 - 878777

511 E Cossitt Ave, La Grange - A 41,244 SF parcel of land located in the affluent La Grange neighborhood is currently zoned R-6 with utilities already available to the site, offering a straightforward path to redevelopment. La Grange's strong housing demand offers the potential opportunity for upzoning to R-7/8 Multifamily, subject to the village's approval. Current development plans call for ten (10) 3-bedroom/2.5-bathroom townhome units with ten (10) two-car garages, and 34 surface parking spaces. The Property sits directly east of Lyons Township High School, recognized as one of the 30 best public high schools in Illinois. Situated just a few blocks from vibrant Downtown La Grange, which offers convenient access to retail, restaurants, and the Metra station. Within 1-mile, demographics include an average household income of $130,738+, an average home value of $371,552+, and a total population of 21,710. For inquiries, reach out to Chris Malay - Greenstone Partners . PINs: 18-04-235-010;18-04-235-011; 18-04-235-012; 18-04-235-013; 18-04-235-014; 18-04-235-015; 18-04-235-016; 18-04-235-042 Frontage: 80 ft Transit: La Grange/Cossitt Pace Bus Routes #330, # 302, 331 Stone Avenue Metra (0.4 miles) La Grange Road Metra (0.7 miles) Congress Park Metra (0.7 miles)

Listing Highlights