Residential Land for Sale in Chicago, Illinois

Attention builders and developers! Here is a blank canvas for your new construction project. 3129 N. Olcott Avenue offers multiple development avenues in a growing suburb of Chicago (located just 10 miles west of downtown Chicago). This oversized double lot, measuring 50' x 133', is zoned RS2, allowing for the development of a large single-family home or the potential to split the lot into two parcels for two single-family homes. Preliminary approvals for lot splitting are underway, with a successful proof of concept across the street at 3118 N. Olcott Avenue, priced at $949,000 per home. The property includes an existing house with plumbing and utilities already on site. Elmwood Park features the Oak Park Country Club, Triton Community College, and the nearby forest preserve offers trails and paths for nature enthusiasts and walks. The southern border along North Avenue is known as "Restaurant Row," offering a variety of dining options from fine dining to casual eateries. Seize the chance to transform this property into a lucrative venture. You don't want to miss out on this unique opportunity! Feel free to drive by and walk the lot.