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$299,900

Est. payment - /mo

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0.3 Acres Lot

Active Under Contract

268 7th ST Wheeling, IL 60090

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12491662

Annual Tax Amount $2,544

Tax Year 2023

Lot Size 0.300 Acres

Lot Dimensions 100X132

Property Sub-Type Land

Property Description

We are pleased to present an exceptional opportunity to acquire a prime piece of real estate located at 268 7th St, Wheeling. This parcel of land is not only strategically situated in a growing area but also comes with an approved project that is permit-ready for immediate development. The property is located in Wheeling, a vibrant community known for its accessibility and amenities. With its walking distance to the newly developed downtown area the site benefits from proximity to local schools, parks, shopping centers, and public transportation options, making it an attractive location for potential residents. This sale includes plans for a 6-unit residential building, designed to meet the needs of modern living while maximizing the use of space. The project has been thoroughly vetted and approved by local authorities, ensuring compliance with zoning regulations and building codes. The new owner can commence with construction permits immediately upon purchase. This eliminates the typical delays associated with obtaining approvals and allows for a faster return on investment. Given the increasing demand for housing in Wheeling, this property presents a lucrative investment opportunity. The planned 6-unit building is poised to attract renters looking for quality living spaces in a desirable neighborhood. This land at 268 7th St represents an outstanding chance to invest in a ready-to-build project in Wheeling. With its approved plans and permits in place, you can hit the ground running on your development goals. Don't miss out on this rare opportunity to secure a valuable asset in a thriving community.

Location

State IL

County Cook

Area Wheeling

Rooms

Basement None

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Other

Building

Dwelling Type Land

Schools

School District 21 , 21, 214

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Galya Georgieva of Coldwell Banker Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106