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2011 Kemble Ave 1 Acre of Residential Land Offered at $1.00 in North Chicago, IL 60064
Executive Summary
We are offering a fully defined residential development opportunity in North Chicago, Illinois, consisting of a planned subdivision for 10 single-family homes. The project is positioned for infill residential development in an established neighborhood with strong demand for new construction housing.
The site layout supports 10 buildable single-family lots, each suitable for modern, efficiently designed homes targeted to owner-occupants or rental investors. Preliminary engineering and subdivision planning have been completed, allowing a buyer to move efficiently toward permitting and construction.
Transaction Options:
- Investor Sale / Build Strategy: Acquire the project and develop all 10 homes for individual sale or long-term rental, capturing full development upside.
- Developer Sale: Purchase the entire project outright for $500,000, including the development concept and groundwork completed to date.
This opportunity is well-suited for:
- Small to mid-size residential developers
- Build-to-rent investors
Builders seeking shovel-ready infill projects in Lake County
- The seller is open to a clean sale, expedited closing, or structured discussion with qualified parties.
Serious inquiries only. Additional project details available upon request.
The site layout supports 10 buildable single-family lots, each suitable for modern, efficiently designed homes targeted to owner-occupants or rental investors. Preliminary engineering and subdivision planning have been completed, allowing a buyer to move efficiently toward permitting and construction.
Transaction Options:
- Investor Sale / Build Strategy: Acquire the project and develop all 10 homes for individual sale or long-term rental, capturing full development upside.
- Developer Sale: Purchase the entire project outright for $500,000, including the development concept and groundwork completed to date.
This opportunity is well-suited for:
- Small to mid-size residential developers
- Build-to-rent investors
Builders seeking shovel-ready infill projects in Lake County
- The seller is open to a clean sale, expedited closing, or structured discussion with qualified parties.
Serious inquiries only. Additional project details available upon request.
Property Facts
| Price | $1.00 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | ||
| Zoning | Multi-Familty - B-3 | ||
| Price | $1.00 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 1.00 AC |
| Zoning | Multi-Familty - B-3 |
1 Lot Available
Lot 1
| Price | $1 | Lot Size | 1.00 AC |
| Price Per AC | $1.00 |
| Price | $1 |
| Price Per AC | $1.00 |
| Lot Size | 1.00 AC |
North Chicago development opportunity: approved concept for 10 single-family homes. Ideal for build-to-sell or build-to-rent investors. Entire project available for sale to a developer for $500,000. Serious inquiries only.
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2011 Kemble Ave
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