$115,000
$124,900
7.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,247 SqFt
SOLD DATE : 10/04/2024
Key Details
Sold Price $115,000
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 1,247 sqft
Price per Sqft $92
MLS Listing ID 11885818
Sold Date 10/04/24
Style Cape Cod
Bedrooms 3
Full Baths 1
Year Built 1948
Annual Tax Amount $2,124
Tax Year 2022
Lot Size 7,579 Sqft
Lot Dimensions 125 X 60
Property Description
Prime Development Opportunity in Stone Park, IL: Expansive Double Lot with Endless Potential. Discover an unparalleled opportunity in the heart of Stone Park, IL, with this remarkable property featuring a spacious double lot totaling 0.18 acres. Currently hosting a charming Cape Cod-style home, this property is a goldmine for developers with a vision for transformation and innovation. Property Highlights: Lot Size: 0.18 acres (Two lots/pins) Current Structure: 4-bedroom, 1-bathroom Cape Cod house Development Potential: Ideal for constructing two new houses or a multi-family dwelling Flood Zone Status: Not located in a flood zone area Endless Development Possibilities: The expansive double lot presents a unique canvas for creative developers. Whether you envision building two single-family homes or a multi-family residence, this property offers the perfect foundation for creating a lucrative investment. The potential for residual income is immense, with the flexibility to design and build according to market demand and your architectural vision. Prime Location: Proximity to Amenities: Schools: Conveniently located near local schools, ensuring an easy commute for families. Parks: Enjoy the tranquility and recreational opportunities of nearby parks. Shopping Centers: Quick access to shopping centers makes daily errands effortless. Transportation: O'Hare Airport: Just a 15-minute drive to one of the world's busiest airports, providing easy access for frequent travelers. This property's location is unbeatable, offering the perfect blend of suburban tranquility and urban convenience. The proximity to essential amenities and transportation hubs enhances its appeal, making it a sought-after spot for future homeowners or tenants. Key Features: Spacious Double Lot: Maximizes development options and investment potential. Current Home: A 4-bedroom, 1-bathroom Cape Cod house, No Flood Risk: Peace of mind with the property located outside of a flood zone area. Seize this rare opportunity to invest in a property with boundless potential in the thriving community of Stone Park, IL. Whether you're looking to build new homes, create a multi-family development, or simply hold onto a valuable piece of real estate, this property is a prime investment waiting for the right vision to bring it to life.
Location
State IL
County Cook
Rooms
Basement None
Interior
Interior Features Hardwood Floors, Wood Laminate Floors
Heating Natural Gas
Cooling Central Air
Fireplace Y
Appliance Washer, Dryer
Laundry Gas Dryer Hookup, In Unit, In Bathroom
Exterior
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Story 1.5 Story
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 88, 88, 209
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition REO/Lender Owned
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Jose Fernandez • Vista Realty Group LLC
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