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Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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Status: Active (For Sale)
Type: Residential
Size: 1,100 Sq. Ft.
Year Built: 1938
Bedrooms: 4
Bathrooms: 2
MLS ID: 12417675


Overview
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Seize this high-visibility 0.8-acre commercial lot, backed by village incentives to reduce development costs. With 132 feet of prime street frontage and flexible B3 zoning, it's ideal for developers or businesses looking to invest in a revitalizing area. Near top-rated schools, shopping, and major highways with Amtrak/Metra access, this lot is ready for your vision. Village promotion and recent developments make now the time to act at this competitive price! Key Features: * High-Visibility Lot: 132 ft x 264 ft with prime street frontage for maximum exposure. * Village Incentives: Financial support and infrastructure assistance to streamline development. * Prime Accessibility: Minutes from highways and Amtrak/Metra for easy connectivity. * Growth Potential: Near top-rated schools and retail, with recent developments boosting appeal. Development Opportunities: * Retail or multi-tenant shopping center ( 5,000 sq ft) * Restaurant, bar, or brewery * Medical/professional office or coworking space * Event venue, gym, or indoor commercial space * Motor vehicle sales/service or EV charging station * Artisan manufacturing or solar energy system * Mixed-use options (village open to residential-commercial variances) Additional Details: * Single-family home on-site: renovate for mixed-use, lease for income, or demolish with potential village assistance. * High disposable income in area supports retail and service businesses. * Agent has ownership interest Requirements: * Proof of Funds or Pre-Qualified Mortgage required. * Buyers without an agent, contact listing agent. With village incentives, recent area growth, and flexible zoning, this lot offers high returns in a community on the rise. Act now to secure this prime investment opportunity Showings by appointment. Buyer to verify zoning and incentives with village.

Courtesy Of: John Bonaguro


Feature Highlights


  • Broker Owned/Interest
  • Built Before 1978

General Features


List Date:
07/11/2025

Public Schools


High School:
Homewood-Flossmoor H

Interior Features


Living Area Source:
Estimated
Bedrooms Possible:
4
Bathrooms Full:
1
Rooms Total:
7

Exterior Features and Amenities


Lot Size Dimensions:
132X264
Parking Total:
9

Financial


Days On Market:
7
Tax Annual Amount:
$6,500.00
Tax Year:
2023

Other Features


Elementary School District:
161
High School District:
233
Middle Or Junior School District:
161
Age:
81-90 Years


Directions


183rd & Kedzie, West to property, South side of 183rd

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-30
.

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The information presented here is deemed reliable, though not guaranteed.
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