Property Attributes
- MLS#11899319
- TypeContingent
- CountyCOOK
- CityWillow Springs
- AreaWillow Springs
- Zip60480
- StyleMulti-Family
- Year Built1928
- Taxes$ 11844
- Price$ 289,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.93 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Opportunity to invest in an area with immense potential! Situated in a highly sought-after location, this property is primed for development. Currently used as a rental building, it offers the versatility to transition seamlessly into either COMMERCIAL or RESIDENTIAL use, providing a dual zoning option for potential buyers. The first floor boasts 2 bedrooms, 1 bathroom, and hardwood flooring throughout. On the second floor, you'll find 1 bedroom and 1 bathroom. With two separate electric meters, the property offers flexibility for different uses. Additionally, the expansive basement provides ample space for extra storage, further enhancing its utility. Each floor tenant is allocated two parking spots, and the property is conveniently within walking distance of the Metra. The land itself is just shy of an acre. Additional 2 acres for sale next door. This property is a must-see for anyone with an interest in embarking on their next development project! Close to I55 & I294, forest preserves, walking trails, shopping.
Price History | |
---|---|
10/24/2023 | Listed $299,900 |
11/20/2023 | 4% - $289,900 |
General Features
Cooling | Central Air,Window Unit(s),Zoned |
---|---|
Zoning | COMMR |
Construction Materials | Wood Frame |
Year Built | 1928 |
Electric | Separate Meters |
Tenant Pays | Electricity,Heat |
Stories | 2 |
Township | Palos |
Tax Year | 2021 |
Current Use | Multi-Family |
County | Cook |
Property Type | Commercial Sale |
Contingency | Financing |
Possible Use | Commercial,Legal Non Conforming,Non Conforming,Multi-Family,Retail,Special Use |
Status | Contingent |
Directions | Archer Ave.,West of Willow Springs Rd. |
City | Willow Springs |
MLS Area | Willow Springs |
Waterfront Y/N | No |
Street Name | Archer |
Tax Annual Amount | 11844 |
Additional Parcels Y/N | No |
Days on Market | 205 |
Lease Type | N/A |
Standard Status | Active Under Contract |
Property Type | Instut/To Develop |
Interior Features
Street Suffix | Avenue |
---|
Exterior Features
Lot Dimensions | 98X387X97X389 |
---|---|
Lot Size Acres | 0.93 |
Frontage Type | Public Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool