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1001 Oak Ave 5.3 Acres of Residential Land Offered at $2,300,000 in Prospect Heights, IL 60070
Investment Highlights
- 5.3 Acre Prime Land Development Opportunity approved for 69 townhome units.
- Within Wheeling High School District 214, ranked #72 Best Public High School in Illinois by Niche.
- Easy access to I-294 via Willow Rd and I-290 via Palatine Rd.
- Located directly north of Muir Park / Pheasant Run Park.
- 2 miles from the Prospect Hts Metra Station with daily service to Chicago.
- Traffic Counts of 15,300 vehicles per day on Elmhurst Road (Rt 83), 34,200 on Palatine Road, and 17,000 on Hintz Road.
Executive Summary
Prime Development Opportunity.
Property Facts Under Contract
| Price | $2,300,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.30 AC |
| Property Type | Land | Parcel Number | 03-15-200-006-0000 |
| Price | $2,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.30 AC |
| Parcel Number | 03-15-200-006-0000 |
1 Lot Available
Lot
| Price | $2,300,000 | Lot Size | 5.30 AC |
| Price Per AC | $433,962.26 |
| Price | $2,300,000 |
| Price Per AC | $433,962.26 |
| Lot Size | 5.30 AC |
5.3 acre lot.
Description
1001 Oak Avenue is a prime development opportunity in Prospect Heights. The 9.5.3 acre lot is approved for 69 townhome units with an average unit size of 1,850 square feet.
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1001 Oak Ave
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