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Posts Tagged Multi-family


Oak Creek – North Aurora – PRICE ADJUSTMENT

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Categories: Land, Residential
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Oak Creek – click for marketing information

Description: 1 constructed townhome unit; 5 lots planned for 12 townhome/duplex units

Price: $310,000 (bulk price)

Zoning: R-4 PUD General Residence District in the Village of North Aurora

1 townhome unit and 5 lots planned for 12 townhome/duplex units in North Aurora.  The lots are finished, annexed, zoned, and approved for development.  All infrastructure and utilities are in-place.  Four lots (Lots 11-14) are planned for 2-unit duplexes, while one lot (Lot 2) is planned for a 4-unit townhome building. The built townhome unit (67 Oak Creek Ct.) is mostly completed, but requires about $35,000 in finishing interior improvements.  The properties are located along Oak Creek Court, on the south side of IL Route 56 (Butterfield Road), just west of Mitchell Road/Hart Road, in North Aurora.  Located in West Aurora School District 129, and also close to many premier private schools.  Situated in the Illinois Technology & Research Corridor and close to numerous industrial and office job centers, as well as Fermi Lab.  I-88 is only 5 minutes away, as is the Chicago Premium Outlet Mall and Walmart.  The Aurora Transportation Center (Metra, Pace), Provena Mercy Medical Center, cultural amenities in downtown Aurora, and more shopping at North Aurora Towne Centre are all within 10 minutes.  Only one mile from the scenic Fox River. Read the rest of this entry »

Lighthouse Pointe – Frankfort

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Categories: Land, Residential
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Lighthouse Pointe – click for marketing information

Description: 21 finished lots planned for 42 duplex units; 2 substantially-completed duplex units; 1 completed duplex unit

Price: $2,100,000 (bulk price)

Zoning: R-3 (Attached Two Family Residence District) in the Village of Frankfort

21 finished lots planned for 42 duplex units (Lots 1, 2, 6, 9-11, 13-17, 19-28), 2 substantially-completed duplex units (9194 Holland Harbor Circle & 20735 Grays Reef Court), and 1 completed duplex unit (9095 Holland Harbor Circle) in the upscale Lighthouse Pointe neighborhood in Frankfort, Illinois.  Situated on the south side of Colorado Avenue, about a half-mile east of U.S. Route 45 (LaGrange Road).  Lots are finished, annexed, zoned, and approved for development.  All infrastructure is in place and lots are ready for home construction.  One of the duplex units is completed and ready for use as a builder’s model; the two other units have been brought to drywall condition and require some interior improvements.   Neighborhood is served by Summit Hill School District 161 and highly-ranked Lincoln-Way High School District 210.  Property is convenient to recreational areas, and is only 5 minutes from downtown Frankfort and several civic amenities; 5-10 minutes from regional retail centers along U.S. 45 & U.S. 30; 10 minutes from Metra commuter rail stations; 10 minutes from I-80, I-57, and I-355; within 15 minutes of Orland Square, Tinley Park Convention Center, and First Midwest Bank Amphitheater Read the rest of this entry »

Diamond 112 – Diamond – SOLD

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Categories: Sold Properties
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Diamond 112 - click here for marketing information

  • Sale Price: $824,390.70 ($7,350 per acre)
  • Sale Date: December 17, 2012
  • Description: 112.162+/- acres of vacant farmland, preliminarily planned for 180 single-family homes, 54 duplexes, and 2 commercial buildings
  • Location: East side of Berta Road, south of Illinois Route 113 (Division Street) in the Village of Diamond, Illinois
  • PINs: 09-01-101-022, 09-01-151-001
  • Zoning: R-1 Single Family Residence, R-3 Two Family Residence, and B-1 Retail Business in the Village of Diamond

Cedar Creek – Joliet – 47 SF LOTS UNDER CONTRACT

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Categories: Land, Residential
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Cedar Creek - click for marketing information

Description: 47 single-family lots and 23 duplex lots planned for 46 units in the Reserves, Estates, and Villas of Cedar Creek in Joliet, Illinois

Price: $620,000 for the 47 single-family lots; $430,000 for the 23 lots planned for 46 duplexes

Zoning: R-1B Single-Family Residential and R-3 One to Two-Family Residential in the City of Joliet

47 single-family lots and 23 duplex lots planned for 46 units in the Reserves, Estates, and Villas of Cedar Creek in far south Joliet. Lots are finished, annexed, zoned, and approved for development.  All infrastructure is in place and lots are ready for home construction. Located in Elwood School District 203 and Joliet Township High School District 204.  Small park site and paths on location.  Located on the west side of Illinois Route 53, near the intersection of Millsdale and Bridge Roads, on the far south side of Joliet in Will County, Illinois.  Minutes from I-55, I-80, retail along Route 52, and Joliet Union Station (Metra and Amtrak service).  In close proximity to the new Elwood and Joliet intermodal facilities, which have become major job creators and economic catalysts for the area.  Within easy reach of all the amenities of Joliet including Chicagoland Speedway, Provena St. Joseph Medical Center, Joliet Junior College, Harrah’ s and Empress Casinos, Rialto Square Theater, Splash Station Waterpark, and Silver Cross Baseball Field, home of the Joliet Slammers minor league baseball team. Read the rest of this entry »

Clocktower Pointe – Countryside – SOLD

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Categories: Sold Properties
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  • Sale Price: $4,150,000 (bulk price)
  • Sale Date: July 17, 2012
  • Description: 6.5+/- acre condominium development including one completed, fully-occupied, five-story, 18-unit, 43,415 sq ft condominium building, five pads planned for identical buildings, and all common areas within the development
  • Location: Along Clock Tower Drive, northeast of the intersection of Joliet Road and Willow Springs Road in Countryside, Illinois.
  • PINs: 18-20-200-131-0000 thru 18-20-200-137-0000
  • Zoning: R-5 General PUD in the Village of Countryside

2620 N. Halsted and 6124 N. Broadway – Chicago – SOLD

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Categories: Sold Properties
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  • Sale Price: $1,800,000 (bulk price)
  • Sale Date: March 30, 2012
  • Description: One four-story, 7,900 sq ft building w/ one 1,850 sq ft ground-level commercial space and four residential apartment units at 2620 N. Halsted Street; 13 residential condominium units in a five-story building at 6124 N. Broadway Street
  • Location: The north side of Chicago, Illinois; 2620 N. Halsted Street is located in the Wrightwood Neighbors section of Lincoln Park, while 6124 N. Broadway Street is located in the Edgewater Glen section of Edgewater
  • PINs, Addresses, and Unit Numbers: 2620 N. Halsted Street: 14-29-407-095-0000 and 14-29-407-096-0000; 6124 N. Broadway Street: Unit 2S (14-05-122-073-1003), Unit 3N (14-05-122-073-1005), Unit 3S (14-05-122-073-1006), Unit 4N (14-05-122-073-1008), Unit 4S (14-05-122-073-1009), Unit 5W (14-05-122-073-1010), Unit P-2 (14-05-122-073-1014), Unit P-3 (14-05-122-073-1015), Unit P-5 (14-05-122-073-1017), Unit P-6 (14-05-122-073-1018), Unit P-8 (14-05-122-073-1020), Unit P-9 (14-05-122-073-1021), Unit P-13 (14-05-122-073-1025)
  • Zoning: 2620 N. Halsted Street is zoned B3-2 Community Shopping District, while 6124 N. Broadway Street is zoned B1-2 Neighborhood Shopping District, both in the City of Chicago, Illinois.  Both zoning districts permit dwelling units above the ground floor.

Grande Park Multi-Family – Plainfield – SOLD

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Categories: Sold Properties
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  • Sale Price: $780,000 ($3,900 per planned unit)
  • Sale Date: March 28, 2012
  • Description: 10+/- acres planned for 200 apartments in 11 buildings in the master-planned Grande Park neighborhood
  • Location: Southwest corner of 127th Street & Stewart Road/Ridge Road in the Grande Park neighborhood, situated in northwestern Plainfield, Illinois.
  • PINs: 03-36-130-001 thru 03-36-130-009; 03-36-132-001 thru 03-36-132-004
  • Zoning: R-1 Low-Density Single Family Residential District PUD in the Village of Plainfield

Kensington Station – Aurora – SOLD

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Categories: Sold Properties
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Kensington Station – click here for marketing information

  • Sale Price: $3,425,000 ($6,742.13 per planned unit)
  • Sale Date: March 22, 2012
  • Description: 24.8+/- acres (1,080,310 sq. ft.) planned for 448 apartments and 60 rowhomes
  • Location: North side of Liberty St, south side of Meridian Lakes Dr, along the future extension of Station Blvd, just west of IL Route 59 in Aurora, Illinois, adjacent to the Route 59 Metra station and Meridian Lakes Business Park
  • PINs: 07-16-400-040, 07-16-400-041, 07-16-402-011
  • Zoning: R-4A (S) Two Family Dwelling District (Special Use District) and R-5 (S) Multiple Family Dwelling District (Special Use District) in the City of Aurora
  • Sold by: john greene Land Company

Windsor Ridge – Joliet

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Windsor Ridge - click for marketing information
Windsor Ridge website - click for property website

Description: 82 single-family residential lots and 22 townhome lots in the Windsor Ridge subdivision in Joliet, Illinois

Price: $30,000 per single-family lot; $20,000 per townhome lot

Zoning: R-1B Single Family Residential and R-4 Low Density Multi-Family Residential in the City of Joliet.

Located on the east side of Arbeiter Road, a half-mile south of Caton Farm Road, and a mile west of Ridge Road in far western Joliet in Kendall County, Illinois.  Lots are finished, annexed, zoned, and approved for development.  All infrastructure is in place and lots are ready for home construction.  No SSA!  Great Plainfield 202 schools.  Elementary and middle schools are within walking distance.  Small park site and paths on location.  Minutes from I-55, I-80, and retail along Route 59.  Within easy reach of all the amenities of Joliet   Read the rest of this entry »

Somerset – Lake Zurich – SOLD

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Somerset TownhomesSomerset – click here for marketing information

  • Sale Price: $1,360,000
  • Sale Date: October 4, 2011
  • Description: 19 vacant townhome lots (7 improved with concrete slabs; 12 vacant) and 10 completed townhome units in downtown Lake Zurich, Illinois
  • Location: Along Lakeview Place, just north of Main Street (former Route 22) and west of Old Rand Road, in downtown Lake Zurich, Illinois
  • Addresses: 4, 12, 16, 22, 26, 28, 36, 38, 40, 42 Lakeview Place (completed units); 48-60 Lakeview Place (lots with concrete slab); 66-90 Lakeview Place (vacant lots)
  • Zoning: B-2 Central Business in the Village of Lake Zurich.  Residential units are permitted in this district.
  • Sold by: john greene Land Company

Lakemoor Gardens – Lakemoor – SOLD

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Lakemoor Gardens - click for marketing information

  • Sale Price: $227,882 ($6,330 per acre)
  • Sale Date: September 29, 2011
  • Description: 36+/- acres (1,568,160 sq ft) of land, originally planned for a senior-living campus containing a total of 407 residential units.  336 units were planned as studio/efficiency assisted-living units to be spread across six buildings, and the remaining units were planned as assisted-living cottages.  A community clubhouse was also planned.
  • Location: South side of Lincoln Road, just east of Chapel Hill Road in Lakemoor, Illinois.
  • PIN: 10-30-300-005
  • Zoning: RM-1 Low Density Multi-Family Residential District PUD (with Conditional Use Permit) and RA-1 Attached Residential District PUD in the Village of Lakemoor

Grande Park Commercial – Plainfield – SOLD

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Grande Park commercial - click here for marketing packet

  • Sale Price: $803,482 ($1.96 per sq. ft.)
  • Sale Date: September 29, 2011
  • Description: 5 commercial lots (totaling 9.4 acres), planned for neighborhood commercial uses, in the master-planned Grande Park neighborhood
  • Location: Southwest corner of 127th Street & Stewart Road/Ridge Road in the Grande Park neighborhood, situated in northwestern Plainfield, Illinois.
  • PINs: 03-36-131-001, 03-36-131-002, 03-36-131-003, 03-36-132-005, 03-36-132-006
  • Zoning: B-3 Highway Business District and R-1 Low-Density Single Family Residential District PUD in the Village of Plainfield