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NW Corner Of Main Street And Cunningham Blvd - NW Corner of Main St and Cunningham Blvd. 0.94 Acres of Commercial Land Offered at $128,303 CAD in Park Forest, IL 60466

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INVESTMENT HIGHLIGHTS

  • Ideal local

EXECUTIVE SUMMARY

Property in TIF District, Enterprise Zone and adjacent to Opportunity Zone.
Located in central business district. Ideal location for multi-family rental housing development. Location has easy access to three Metra Stations, I-57, shopping, entertainment, forest preserves and parks. Pace Suburban Bus service across the street.
Highly desirable location. Strong walk-score. Near CVS Pharmacy, Village Hall (municipal offices), Post Office, U.S. Bank, Family Dollar, and Dollar General. Library and Aqua Center one block away. More than eighty businesses in three block area. Including an art gallery, two performance theaters, and quality retail and service providers.

PROPERTY FACTS

Price $128,303 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Storefront
  • Storefront, Retail or Residential
Total Lot Size 0.94 AC
Opportunity Zone Yes
Zoning C2
Parcel Numbers
Multiple
  • 31-36-203-016-0000
  • 31-36-203-001-0000

1 LOT AVAILABLE

Lot 3

Price $128,303 CAD
Price Per AC $136,814.86 CAD
Lot Size 0.94 AC

Located in desirable central business district surrounded by daily needs shopping and services, parks, performance pavilion, water features/fountains, library, aqua center, and labyrinth. Lot has fully improved parking lot with 53 spaces.

DESCRIPTION

Excellent location for multi-family residential rental development. Two Metra stations within 3-5 minute drive. Pace Suburban Bus stop adjacent to property. Easy access to I-57, I-80 and I-394. Has parking lot with 53 spaces On street parking with additional 9 spaces. Within 2 miles of Governors State University (4,750 students & 1,000 staff); nearby Franciscan Health Olympia Fields. Major employers include The State of Illinois Elisabeth Ludeman Center, Agrati Group, and the Village of Park Forest. Destinations include two live performance theaters, an outdoor amphitheater, Village Green with labyrinth and fountains, the public library, tennis and health club, outdoor public swimming pool complex, an art gallery, three dining establishments, and several performing arts schools. U.S. Post Office, bank, CVS pharmacy, and other daily needs businesses, including busy daycare, in immediate vicinity. Additional attractions include Central Park Wetlands, Rail Fan Park and three outdoor murals.

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 9084626

  • Date on Market: 2013-08-22

  • Last Updated:

  • Address: NW Corner Of Main Street And Cunningham Blvd, Park Forest, IL 60466

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