Corcoran Urban Real Estate
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2 Properties Within 0.5 miles of: 20w561 Army Trail, Addison

20w561 Army Trail
Addison, IL 60101

Price

$1,280,000

Est Payment
$7,645 / month (details)  
Taxes
$10,315  
Type
Land  
Sq. Ft.
n/a  
Lot Size
353X174X155X159X155X74X101X148X231  
Neighborhood
Addison  
MLS
#12053674
Status
Active (8 months)

Property Description

Prime Location with Endless Potential! This stunning 2.81-acre estate, ideally situated off Army Trail Blvd. and Rohlwing Road, offers a unique opportunity for the right investor. With the potential for annexation into the city, this property is poised for transformation into a vibrant multi-family housing community, delivering a high return on investment. Seize the chance to contribute to the growth of Addison by developing this site into much-needed housing, fostering community expansion and appeal. Currently, the property features a charming farmhouse built in 1865, a modern five-stall horse barn, and multiple outbuildings. It remains unincorporated, allowing buyers to retain its existing use if desired. Rich with history and thoughtfully maintained by the sellers, this rare gem offers unparalleled access to major highways-just minutes from I-355 and under 45 minutes to downtown Chicago. Whether you're an investor seeking a lucrative project or a horse enthusiast yearning for country living within the city, this estate is truly one of a kind.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
District 88, District 4

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-11-2024 Listed at $1,280,000
Last Modified 1/8/25 1:13 PM

Nearby Transportation

  • Hwy 355 North 0.2 mi
  • Hwy 355 South 0.3 mi
  • I 290 West 1.5 mi
  • I 290 East 3.2 mi
  • Hwy 83 South 3.2 mi
  • Hwy 83 North 3.5 mi
  • Hwy IL 390 West 3.8 mi
  • Hwy IL 390 East 3.9 mi
  • Hwy 20 East 4.5 mi
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