Great development opportunity! 50 x 210, 10,500sf lot in prime walk-to-town location. Less than half a mile to the Metra and downtown Highland Park. Zoning allows up to 3,555sf above grade for new construction house. Existing frame house & 2 car garage on property. House is approx 1,200sf with 2 bedrooms and 1.1 baths and has some charm, but value is in the land. The City of Highland Park levies a $10,000 demolition tax that goes towards its Housing Trust Fund. All demolition applications for residential structures in the R6 zoning district are subject to a historic preservation demolition review by the City of Highland Park's Historic Preservation Comm'n (HPC). At the HPC meeting, the Comm'n will evaluate the home to see if it meets landmark criteria. Our belief is that the property meets 0-1 landmark criteria and that the City will issue demolition permits without any delay. However, THE BUYER SHOULD DO THEIR OWN DUE DILIGENCE.
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For more information about 1373 Oakwood, Highland Park, IL 60035 contact Corcoran Urban Real Estate.
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