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20 Main St 2.23 Acres of Commercial Land Offered at $425,000 in Park Forest, IL 60466

Commercial Land Parcels Illinois Park Forest 20 Main St, Park Forest, IL 60466

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INVESTMENT HIGHLIGHTS

  • Corner and mid-block access
  • Highly walkable location
  • In center of daily needs shopping and services area

EXECUTIVE SUMMARY

Property in TIF District, Opportunity Zone and Enterprise Zone.
480 feet frontage on Main Street and 210 feet frontage on Forest Boulevard. Level site. Vacant land. Ideal for mixed-use commercial and multi-family residential rental development
In densely populated area. Can be subdivided.
Located in central business district. More than 100 businesses within 3 blocks.

ATTACHMENTS

Park Forest_web

PROPERTY FACTS

Price $425,000 Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Convenience Store
  • Fast Food
  • Healthcare
  • Neighborhood Center
  • Restaurant
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Sale Type Investment Total Lot Size 2.23 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land Parcel Number 31-25-403-005-0000
Property Subtype Commercial
Zoning C-3
Price $425,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Convenience Store
  • Fast Food
  • Healthcare
  • Neighborhood Center
  • Restaurant
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 2.23 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C-3
Parcel Number 31-25-403-005-0000

1 LOT AVAILABLE

Lot

Price $425,000 Lot Size 2.23 AC
Price Per AC $190,582.96
Price $425,000
Price Per AC $190,582.96
Lot Size 2.23 AC

DESCRIPTION

Excellent location for retail. More than 100 businesses within three blocks; 440 businesses within 1.5 miles; 2,295 businesses in 3 miles. More than 15,300 ADT on Western Avenue. Within 2 miles of Governors State University (4,750 students & 1,000 staff); nearby Franciscan Health Olympia Fields. Major employers include The State of Illinois Elisabeth Ludeman Center, Agrati Group, and the Village of Park Forest. Destinations include two live performance theaters, an outdoor amphitheater, Village Green with labyrinth and fountains, the public library, tennis and health club, outdoor public swimming pool complex, an art gallery, three dining establishments, and several performing arts schools. U.S. Post Office, bank, CVS pharmacy, and other daily needs businesses, including busy daycare, in immediate vicinity. Additional attractions include Central Park Wetlands, Rail Fan Park and three outdoor murals.

LINKS

1 1
20 Main St, Park Forest, IL - AERIAL map view
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(708) 921-5118

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Contact the broker for more information about this property

CONTACT

  • Listing ID: 8836131

  • Date on Market: 1/3/2014

  • Last Updated:

  • Address: 20 Main St, Park Forest, IL 60466

More public record information on 20 Main St, Park Forest, IL 60466

The Land Property at 20 Main St, Park Forest, IL 60466 is currently available for Sale. Contact Village of Park Forest for more information.

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20 Main St
(708) 921-5118 x

20 Main St

Sandra Zoellner
(708) 921-5118

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