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$1,575,000
Sold on 8/01/18
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On the market:
203 days
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View full details, 15 photos, school info, and price history
Prime development site ready for permit. Calling all developers and contractors, ALL planning leading up to permit issuance is complete and construction could start right away. Site is on a corner at the 6-way intersection (25k+ VPD) of Devon/Talcott/Courtland in the "South Park" business district in the desirable city of Park Ridge next to Walgreens. Plans include a 3 story mixed use building with commercial space on the 1st floor and 16 luxury apartments on 2nd and 3rd floors. Footprint of the building is 9,000 SF and site includes outdoor patio space, and 47 parking spaces. This location will be highly desirable and easily rentable once built. The commercial space is flexible and divisible for future tenants and is ideal for an anchor restaurant with outdoor dining. Additional parking will be available via an adjoined neighboring parking lot with agreements in place. Site has been re-zoned, newly subdivided, clean Phase I, and approved by the city, IDOT, IEPA, and MWRD.
Listing courtesy of Kirsten Stumpf, Charles Rutenberg Realty