$950,000

About This Property

Attention Developers and Investors: House (sold as-is) is on one lot and vacant land on adjacent lot. Value is in the land and probability of rezoning from R1 to R3 for multi-family development. Both lots, to be sold together, create a rectangular 1.34 acres in a prime location on Touhy Ave. City of DesPlaines expressing interest in multi-unit residential properties, e.g., 9-unit townhouse development or 18-unit multi-family development within R3 guidelines. Lot #1 (09-33-101-012) has a farm house, 1-car detached garage with an apartment and carport and an additional shed. All structures are included in as-is condition. House and garage have utilities of water, septic, electricity and gas. House has 11 rooms: LivRm, Ktchn and 3 bedrooms on each of two floors. Main level also has a heated enclosed porch used as a Den. Lot #2 (09-33-101-018) is vacant land. The walnut tree on Lot #2 is excluded from the sale. An appointment must be made with the listing agent or Showing Time to walk the land or access the structures.

Property Details

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