22400 Bohlmann Pkwy & 22450 Central Ave, Richton Park, IL Total Land Area: 1,701,859 SF (39.07 Acres) APNs: 31322000140000 & 31322000170000 Purchase Price: $855,000 ($0.50 per SF) Zoning: BP (Business Park) - Village of Richton Park, IL Investment Highlights Proximity to Growth: Adjacent to Central Avenue, Richton Park's newest mixed-use development corridor, positioning the land for future retail, commercial, and industrial use. Infrastructure Ready: Utilities are readily available, streamlining the development process. Environmental & Stormwater Planning Underway: CMAP, FEMA, and the Army Corps of Engineers (ACE) are engaged in stormwater boundary revisions and future management planning to enhance and expand developable green spaces. Diverse Development Opportunities: The portfolio offers flexibility for retail, commercial, and industrial projects, catering to the evolving needs of the Richton Park market. Low Carrying Costs: 2023 Real Estate Taxes: $2,468.22-an attractive factor for investors looking to hold the land while planning development. This prime land portfolio presents an exceptional opportunity for developers and investors seeking affordable, strategically located acreage within a high-growth area. Positioned for future economic expansion, these parcels offer scalability, investment flexibility, and access to municipal incentives that enhance their long-term value.

Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago



Based on information submitted to the MLS GRID as of 2025-04-20 11:06 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-20 11:06 AM UTC
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