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2540 Western Ave - 2410-2470 Western Avenue & 820 Norwood Blvd. 12 Acres of Industrial Land Offered at $700,000 in Park Forest, IL 60466
INVESTMENT HIGHLIGHTS
- Western Avenue location - easy in and out
- All utilities to site
- Proximity to interstates
- Adjacent to freight rail line; spur possible
EXECUTIVE SUMMARY
Property is in TIF District, Enterprise Zone and Federal Opportunity Zone.
Prime land in south suburbs adjacent to rail line. Ideal for light manufacturing, research and development, and medical services. Also, could be developed as multi-use commercial, with mix of service providers, restaurants, and retail.
Prime land in south suburbs adjacent to rail line. Ideal for light manufacturing, research and development, and medical services. Also, could be developed as multi-use commercial, with mix of service providers, restaurants, and retail.
PROPERTY FACTS
| Price | $700,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 12.00 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | Parcel Numbers | |
| Property Subtype | Industrial | ||
| Zoning | C3 | ||
| Price | $700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 12.00 AC |
| Opportunity Zone |
Yes |
| Zoning | C3 |
| Parcel Numbers |
1 LOT AVAILABLE
Lot
| Price | $700,000 | Lot Size | 12.00 AC |
| Price Per AC | $58,333.33 |
| Price | $700,000 |
| Price Per AC | $58,333.33 |
| Lot Size | 12.00 AC |
Level lot located on South Western Avenue
DESCRIPTION
Former regional strip mall site. NFR letter received. All uses permitted except residential.
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2540 Western Ave - 2410-2470 Western Avenue & 820 Norwood Blvd.
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