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609 Forest Edge Lane Des Plaines, IL 60016

$699,000
Price Change / MLS# 12589954 / Land - Commercial / Des Plaines
0 Beds

** MOTIVATED SELLER of an inherited family property **VALUE IN THE LAND** Attention builders, developers and investors! Here's your chance to capitalize on an approved lot division - a total of 1.8 acres - in the vibrant community of Des Plaines. *** Currently Zoned R-1 (potential for re zoning to R2, or R3). Discussions with the city includes possibility of resubdivision into 24-26 multifamily units or 8-10 townhomes. Property is being sold (1.88 acres) as either land or a detached single-family home. *** The home is located 250-300 feet off Ballard Road where IDOT installed a drainage system in 2021. *** Please see surveys and floodplain info under Addtl Info. *** Half of property in 500-year flood zone (which is of no significance) and half in 100-year flood zone *** Owners have never had any water for 50 years of ownership. With convenient access to the 294 expressway, you're just moments away from O'Hare International Airport and Advocate Lutheran General Hospital, the Des Plaines River Trail and Big Bend Lake. This property is nestled in a wooded area, offering a variety of possibilities. It can be partitioned for two single-family homes, or be transformed into new residential homes or townhomes. This is a fantastic opportunity for the next owner providing a lot of flexibility. With two PIN numbers, part of the land can be partitioned, allowing for full development potential - both lots or just one. A quick 4-minute drive to downtown Des Plaines and the Des Plaines Metra train station. Maine East and West are options for High School. Don't miss out-this property is also available as a single-family home.

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Baird & Warner Katrina Hish 630.930.8093 Email

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Estimated Payment

$ 3,042.04 per month $1,553.33 Principal & Interest $1,284.83 Property Tax $203.88 Homeowner's Insurance
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Property Details

Property Type: Land - Commercial
Basement: Crawl Space, None
Lot Size: 1.88 Acres
Taxes: $15,418

Feature Descriptions

Current Use: Single Family
Frontage: 330
Frontage Type: City Street, County Road, Frontage Road, Private Road, Public Road, Gravel, Outer Road Access
Lot Dimensions: 330X241X299X260
Parcel#: 09164020390000
Possible Use: Commercial, Estate, Development, Recreational, Residential, Multi-Family, Single Family, Special Use, Zoning Change Required
Road Surface: Concrete, Dirt, Gravel
Township: Maine
Utilities: Electric to Site, Natural Gas Available, Sewer Nearby, Water Available

Schools

High School: Maine East High School
Middle School: Chippewa Middle School
Elementary School: North Elementary School
School District: District 207

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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