For Sale
$700,000

2600 14Th StNorth Chicago, IL 60064

7.86 Acres, R-1 Zoning, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 7.86-acre land parcel in North Chicago, Illinois, presents a unique commercial and residential development opportunity. Located at 2600 14th Street, the property boasts 575 feet of frontage and is zoned R-1. A pending city approval on August 5th envisions a "Local Mixed-Use" designation under the city's new comprehensive plan. Currently tax-exempt as part of the Northshore Garden of Memories Cemetery, this site offers significant advantages. All utilities are available on-site. Its strategic location provides easy access to major transportation hubs, including a 30-minute drive to O'Hare International Airport and a one-hour drive to Downtown Chicago. The surrounding area is thriving, with a population of 95,106 within a three-mile radius and a rising median home value. The asking price is $700,000, translating to $2.05 per square foot. The property's APN is 08-31-400-023. This presents a rare chance to develop a project in a vibrant and rapidly growing community. This is a truly exceptional investment opportunity.

Highlights

  • 7.86-acre land parcel in North Chicago, IL, with 575 feet of frontage, zoned R-1, and a pending "Local Mixed-Use" zoning designation (city approval pending August 5th).
  • Currently tax-exempt as part of the Northshore Garden of Memories Cemetery.
  • All utilities are available on-site.
  • 30-minute drive to O'Hare International Airport and 1-hour drive to Downtown Chicago.
  • Asking price: $700,000 ($2.05/sq ft), APN: 08-31-400-023.

Property Details for 2600 14Th St

Property type
Land
Lot Size (sq. ft)
342,382 SF

Location Insight

City
North Chicago
County
Lake
State
Illinois
Latitude
42.334150532102
Longitude
-87.865796573313
2600 14Th St, North Chicago, Illinois

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2600 14Th St
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