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117 W Virginia St
Elmhurst, IL 60126
Land For Sale · 0.53 AC

INVESTMENT HIGHLIGHTS

  • Rare opportunity to develop for sale or for rent multifamily
  • By right construction allows for a 32 unit, 6 story concept with on grade parking
  • Heart of downtown Elmhurst

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.53 AC
Zoning CBOCR - Central Business Outer Core Residential

DESCRIPTION

Rare opportunity to develop for sale or for rent multifamily in the heart of downtown Elmhurst, the bustling DuPage County suburb. By right construction allows for a 30 unit, 6 story concept with on grade parking. Occupants would enjoy a true walk to town location in a submarket where rents approach $3.00/SF and for sale multifamily products exceeds $550/SF. Ownership can provide concept construction documents, layouts, and estimate request with execution of NDA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-02-407-006
Land Assessment
$54,503
Improvements Assessment
$227,267
Total Assessment
$281,770
  • Listing ID: 32748317

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 117 W Virginia St, Elmhurst, IL 60126

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