$ 945,000
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$945,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing 87738 - 183383,890748,183383
5700 & 5900 Sauk Trail, Richton Park, IL Total Land Area: 1,844,766 SF (42.35 Acres) APNs: 3132200012 & 3132200011 Purchase Price: $945,000 ($0.51 per SF) Investment Highlights Proximity to Growth: Adjacent to Central Avenue, Richton Park's newest mixed-use development corridor, positioning the land for future retail, commercial, and industrial use. Infrastructure Ready: Utilities are readily available, streamlining the development process. Environmental & Stormwater Planning Underway: CMAP, FEMA, and the Army Corps of Engineers (ACE) are engaged in stormwater boundary revisions and future management planning to enhance and expand developable green spaces. Diverse Development Opportunities: The portfolio offers flexibility for retail, commercial, and industrial projects, catering to the evolving needs of the Richton Park market. Low Carrying Costs: 2023 Real Estate Taxes: $2,468.22-an attractive factor for investors looking to hold the land while planning development. This prime land parcel site presents an exceptional opportunity for developers and investors seeking affordable, strategically located acreage within a high-growth area. Positioned for future economic expansion, these parcels offer scalability, investment flexibility, and access to municipal incentives that enhance their long-term value.
Listing Highlights for 5900 Sauk Trl
Status
Pending
Days on Site
153
Property Type
Vacant Land
MLS ®
12340506
Year Built
Total Square Footage
0
Lot/Acreage
1844766
County
Cook
Area
Richton Park
School District
227
Elementary School
Fine Arts And Communications Cam
Middle School
Fine Arts And Communications Cam
High School
Fine Arts And Communications Cam
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 1844766
- Zoning: INDUS
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $1,284
- Taxes w/Assessments: N/A
- Tax/Property ID: 31322000110000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
5900 Sauk Trl Richton Park, IL 60471
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