235 S Dunton AVE Save Request In-Person Tour Request Virtual Tour
Arlington Heights,IL 60005
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12405176
Full Baths 2
Annual Tax Amount $13,004
Tax Year 2023
Lot Size 0.470 Acres
Lot Dimensions 147'X139.2'
Property Sub-Type Land
Property Description
** PRIME DEVELOPMENT LAND - DOWNTOWN ARL HTS - R6 ZONED ** + **Near the Future Chicago Bears Stadium & 2 blocks to Metra Train Station** This property offers a remarkable opportunity for investors, developers, or entrepreneurs aiming to be a part of the rapidly growing town of Arlington Heights. Situated on a corner just two blocks from the Metra Train Station in the highly sought-after downtown Arlington Heights area, this prime location holds significant potential. Zoned R6, the property supports multiple residential development possibilities, including constructing townhomes, condos, multi-family units, or single-family homes. The property consists of two lots: a vacant parcel and another lot featuring a house currently divided into two rental units. Both rental units are under one-year leases. The garage accommodates one car for the first-floor unit and contains two storage units that the landlord utilizes. Please note that the house and garage are being sold "AS IS." The value of the property lies in the land, as the home is a teardown and will not be shown at this time. We encourage buyers to conduct their due diligence regarding development possibilities. All offers must include the "AS IS" and waived inspection clauses initialed for consideration. Additionally, all offers need to provide proof of funds and/or a letter of mortgage pre-qualification. Please email offers to the listing agent. The broker is related to the owner.
Location
State IL
County Cook
Area Arlington Heights
Zoning MULTI
Rooms
Basement Cellar,Full
Interior
Heating Natural Gas,Electric,Forced Air,Zoned
Cooling Window Unit(s)
Fireplace N
Laundry Common Area
Exterior
Utilities Available Electricity Available,Natural Gas Available,Water Available
Building
Dwelling Type Land
Water Municipal Water
Schools
Elementary Schools Westgate Elementary School
Middle Schools South Middle School
High Schools Rolling Meadows High School
School District 25 ,25, 214
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany