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3200 Lincoln Hwy - Transit Oriented Development Site

2.3 - 4.37 Acre Commercial Land Lots Offered at $300,000 - $467,590 Per Lot in Park Forest, IL 60466

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Investment Highlights

Adjacent to Metra Electric Commuter Platform
On hard corner

Served by Pace Bus Service, with shelter
Consistent day time vehicle traffic

Executive Summary

2.3 and 4.37 Acres of land for sale in Park Forest
Property is owned by the municipality
250 Feet of frontage on Lincoln HWY
Adjacent to the Lincoln Hwy/Park Forest Metra Station lot
Land can be subdivided

Indiana and Lincoln Highway survey and utility maps

Metra Lot Background 2020

Park Forest Lincoln Hwy Metra Station flyer 10 2019

3200 Lincoln Highway with detail 2019

Property Facts

Price	$300,000 - $767,590	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Mixed Use Multifamily Apartment Units Fast Food Storefront, Retail or Residential
No. Lots	2	Total Lot Size	6.67 AC
Property Type	Land	Parcel Numbers	Multiple 31-23-412-038-0000 31-23-412-057-0000

Price	$300,000 - $767,590
Sale Type	Investment
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Multifamily Apartment Units Fast Food Storefront, Retail or Residential
Total Lot Size	6.67 AC
Parcel Numbers	Multiple 31-23-412-038-0000 31-23-412-057-0000

2 Lots Available

Lot Lot 1

Price	$300,000	Lot Size	2.30 AC
Price Per AC	$130,435

Price	$300,000
Price Per AC	$130,435
Lot Size	2.30 AC

Located in Enterprise Zone. Lot is ideally suited for Transited Oriented Development. Adjacent to Metra Electric Commuter rail line and US Hwy 30. Easy and direct access to I-57. This lot can be sold with 31-23-412-038-0000.

Lot 2

Price	$467,590	Lot Size	4.37 AC
Price Per AC	$107,000

Price	$467,590
Price Per AC	$107,000
Lot Size	4.37 AC

Former Metra Parking lot. Level. Electricity to site. Adjacent to Metra Electric Line. This lot can be assembled with 3200 Lincoln Hwy.

Description

Redevelopment opportunity.

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zoning

Zoning Code	C-2
C-2

Listing ID: 3880258
Date on Market: 2/11/2011
Last Updated:
Address: 3200 Lincoln Hwy, Park Forest, IL 60466

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MAP

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3200 Lincoln Hwy, Park Forest, IL for sale Other- Image 1 of 2 — PF Lincoln Hwy Metra Concept Picture

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