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1596 Oxford Rd
Des Plaines, IL 60018
Prime Development Opportunity - Corner Lot · Land For Sale
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0.69 AC
INVESTMENT HIGHLIGHTS
- Prime corner exposure for branding or residential frontage
- Public water & sewer connections on-site
- Surrounded by strong demographic growth and new developments
- 30,000+ SF of land with favorable lot shape
- Existing cash-flowing 2-flat structure, fully remodeled in 2019
- Ideal for Build-to-Rent Operators
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.69 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | R - Residential | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.69 AC |
| No. Stories | 2 |
| Zoning | R - Residential |
1 LOT AVAILABLE
Lot
| Price | $850,000 | Lot Size | 0.69 AC |
| Price Per AC | $1,231,884.06 |
| Price | $850,000 |
| Price Per AC | $1,231,884.06 |
| Lot Size | 0.69 AC |
Corner lot - rectangular, flat.
DESCRIPTION
Prime Development Opportunity - Corner Lot at E Oakton & Oxford | Des Plaines, IL Unlock the full potential of this high-visibility corner parcel located at 1596 Oxford Rd., Des Plaines, IL 60018, at the intersection of E Oakton Street and Oxford Road. Offering approximately 0.69 acres of land with unique lot dimensions (143X222), this site is ideal for residential development in one of Des Plaines' most strategic and growing areas. Key Highlights: Corner Location with exceptional exposure and traffic volume Zoned for future multifamily use - ideal for townhomes, apartments, or condos Public water and sewer available Existing structure: Updated two-story home with two separate rental units (fully remodeled in 2019) - producing immediate rental income while you plan redevelopment Lot Size: 30,000+ SF / 0.69 Acres Strategically Positioned: Moments from downtown Des Plaines, Metra, shopping, schools, and parks Close proximity to O'Hare Airport and major highways Growing demand in surrounding residential areas makes this a lucrative build opportunity Whether you're a builder, developer, or investor, this site offers flexibility and value-from short-term rental income to long-term multifamily construction potential. Contact Listing Broker for additional site details, zoning potential, and conceptual development support.
