1505 Greenwood Avenue, Ford Heights, IL 60411

$50,000 Asking Price

1 bed
3,075  sqft

Drive by and explore all the possibilities and unlock the potential of this exceptional offer that features an expansive amount of land in a sought-after location. Situated in a rapidly developing area, this property presents a lucrative opportunity for developers and investors alike. While the existing structure on the property may require demolition, the true value lies in the land. This property comes with two additional lots. The possibilities for redevelopment are endless. Create a stunning residential community. Whether you're an experienced developer or seeking your next investment venture, this opportunity offers endless potential.


Features & Amenities

Interior

Rooms:
No additional rooms
Basement:
None
A/C:
None
Heating:
None
Disability Feature:
None

Exterior

General:
Wood Siding
Parking:
Garage, Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
169
County:
Cook

Lot

Zoning:
32233070010000

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2.5%

This listing courtesy of:
Coldwell Banker Realty, Tiesha Campbell

About Chicago Heights, IL

Housing

Number of Units
20,391
Median Home Value
$111,729
Median Rent
$864

35.12% of housing units are renter occupied.

11.57% are vacant.

Commute

Car
73.27%
Public Transportation
3.97%
Walk to Work
0.63%
Work from Home
20.61%
Other
1.52%

The median travel time to work is 25 minutes.

People

Population
52,707
Median Age
36.40
Median Household Size
2.98

Education

High School
33.46%
Associate’s Degree
6.92%
Bachelor’s Degree
12.81%
Graduate Degree
6.48%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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