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400 E Elm Ave 3.02 Acres of Residential Land in La Grange, IL 60525

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Investment Highlights

  • Potential for Elm Avenue to be vacated to accommodate for a more cohesive development
  • PIN Numbers: 18-04-404-012, 18-04-404-013, 18-04-303-014, 18-04-404-015, 18-04-404-041, 18-04-404-042, 18-04-404-049, 18-04-411-004
  • Traffic Counts: 19,500 vehicles per day on La Grange Road (Rt 12) 3,000 vehicles per day on Cossitt Ave

Executive Summary

+ Located South East of Downtown La Grange on Bluff Avenue South of Cossitt Avenue
+ Just a few blocks away from Downtown La Grange with shops, restaurants, public library, and the Metra
+ The current zoning on a majority of the site allows for 3-story residential, 5-stories may be attainable through a PUD

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Industrial
  • Multifamily
  • Hold For Development
  • Single Family Development
Total Lot Size 3.02 AC
Zoning R-8R, R-5, I-1

1 Lot Available

Lot

Lot Size 3.02 AC

+ Zoned: R-8R Multiple Family Residential District, R-5 Single Family Residential District, I-1 Light Industrial District + Within La Grange School District 102 and Lyons Township High School

Property Taxes

Property Taxes

Parcel Number
18-04-411-004-0000
Land Assessment
$54,192 CAD
Improvements Assessment
$0 CAD
Total Assessment
$54,192 CAD
  • Listing ID: 25639765

  • Date on Market: 2022-05-05

  • Last Updated:

  • Address: 400 E Elm Ave, La Grange, IL 60525

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