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NWC S. Farrel and W. Oak Ave

180 Acres of Residential Land Offered at $16,590,000 in Lockport, IL 60441

Residential Land & Home Lots Illinois Lockport NWC S. Farrel and W. Oak Ave, Lockport, IL 60441

Investment Highlights

  • Proposed commercial, multifamily and single family development.
  • Concept plan approved
  • Divisible
  • Engineering estimates of land development costs available
  • 7,900 VPD exposure on Briggs Street

Executive Summary

180±AC located on the northwest corner of S. Farrel and W. Oak Ave in Lockport. Proposed concept plan features 1.77± AC at the southeast corner of Fox Hollow Drive and South Briggs Street for commercial development, with the remaining site divided into four proposed units, consisting of multifamily, townhomes, and single family homes. Plan includes a clubhouse, dog park, public park, multiple playgrounds and a community pool.

Attachments

Serenity_Landing_Brochure compressed

Property Facts

Price $16,590,000 Property Type Land
Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 180.00 AC
Price $16,590,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 180.00 AC

1 Lot Available

Lot

Price $16,590,000 Lot Size 180.00 AC
Price Per AC $92,167
Price $16,590,000
Price Per AC $92,167
Lot Size 180.00 AC

180±AC on the NWC of S. Farrel & W. Oak Ave in Lockport. Proposed concept plan features 1.77± AC at the southeast corner of Fox Hollow Drive and South Briggs Street for commercial development, with remaining site divided into four proposed units.

Description

180±AC located on the northwest corner of S. Farrel and W. Oak Ave in Lockport. Proposed concept plan features 1.77± AC at the southeast corner of Fox Hollow Drive and South Briggs Street for commercial development, with the remaining site divided into four proposed units, consisting of multifamily, townhomes, and single family homes. Plan includes a clubhouse, dog park, public park, multiple playgrounds and a community pool.

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zoning

Zoning Code C2, O2, R1, R2, R3
C2, O2, R1, R2, R3
(773) 814-3378

  • Listing ID: 32274789

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: NWC S. Farrel and W. Oak Ave, Lockport, IL 60441

The Land Property at NWC S. Farrel and W. Oak Ave, Lockport, IL 60441 is currently available For Sale. Contact John Greene Commercial for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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NWC S. Farrel and W. Oak Ave, Lockport, IL for sale Primary Photo- Image 1 of 3
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NWC S. Farrel and W. Oak Ave, Lockport, IL for sale Site Plan- Image 2 of 3
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NWC S. Farrel and W. Oak Ave
(773) 814-3378 x

NWC S. Farrel and W. Oak Ave

Shamus Conneely

(773) 814-3378

(773) 814-3378

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