22400 Bohlmann Parkway, Richton Park, IL 60471

Land
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

22400 Bohlmann Pkwy & 22450 Central Ave, Richton Park, IL Total Land Area: 1,701,859 SF (39.07 Acres) APNs: 31322000140000 & 31322000170000 Purchase Price: $855,000 ($0.50 per SF) Zoning: BP (Business Park) - Village of Richton Park, IL Investment Highlights Proximity to Growth: Adjacent to Central Avenue, Richton Park's newest mixed-use development corridor, positioning the land for future retail, commercial, and industrial use. Infrastructure Ready: Utilities are readily available, streamlining the development process. Environmental & Stormwater Planning Underway: CMAP, FEMA, and the Army Corps of Engineers (ACE) are engaged in stormwater boundary revisions and future management planning to enhance and expand developable green spaces. Diverse Development Opportunities: The portfolio offers flexibility for retail, commercial, and industrial projects, catering to the evolving needs of the Richton Park market. Low Carrying Costs: 2023 Real Estate Taxes: $2,468.22-an attractive factor for investors looking to hold the land while planning development. This prime land portfolio presents an exceptional opportunity for developers and investors seeking affordable, strategically located acreage within a high-growth area. Positioned for future economic expansion, these parcels offer scalability, investment flexibility, and access to municipal incentives that enhance their long-term value.

Listing Status:: Active
Listing Office:: Keller Williams ONEChicago : 773-575-6082
Listing Agent:: Anthony Hardy : 773-575-6082
MLS ID:: 12340526

Parking: Parking spaces: 0

This listing courtesy of Anthony Hardy, Keller Williams ONEChicago

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Neil Armstrong Elementary School

5030 Imperial Dr, Richton Park, IL, 60471

Grades KG-5

1.20 miles away

Colin Powell Middle School

20600 Matteson Ave, Matteson, IL, 60443

Grades 6-8

2.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.