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7459 Franklin St - Potential Transit-Oriented Development 2.5 Acres of Commercial Land in Forest Park, IL 60130
Investment Highlights
- Potential Transit-Oriented Development
- Proximity to Metra
- Motivated Municipality
- Half of the property is in a TIF
Executive Summary
The subject property is a 2.5-acre site in the heart of Forest Park, IL, adjacent to the Metra rail line—an ideal opportunity for transit-oriented
development (TOD). The site is well-suited for a high-density residential project that maximizes its exceptional connectivity. Its proximity to public transit, major roadways, and local amenities makes it a rare and valuable opportunity for developers seeking to create a vibrant, commuter-friendly community in a prime location.
development (TOD). The site is well-suited for a high-density residential project that maximizes its exceptional connectivity. Its proximity to public transit, major roadways, and local amenities makes it a rare and valuable opportunity for developers seeking to create a vibrant, commuter-friendly community in a prime location.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.50 AC |
| Property Type | Land | ||
| Zoning | I-2 - will likely need Planned Development | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.50 AC |
| Zoning | I-2 - will likely need Planned Development |
1 Lot Available
Lot
| Lot Size | 2.50 AC |
| Lot Size | 2.50 AC |
1 1
Walk Score®
Walker's Paradise (90)
Property Taxes
| Parcel Numbers | Improvements Assessment | $48,002 | |
| Land Assessment | $232,036 | Total Assessment | $280,038 |
Property Taxes
Parcel Numbers
Land Assessment
$232,036
Improvements Assessment
$48,002
Total Assessment
$280,038
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7459 Franklin St - Potential Transit-Oriented Development
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