Luxury Townhouse Development Opportunity in Downers Grove

USD $450,000
1145 Crystal Avenue, Downers Grove, Illinois, 60516, USA

Property Highlights

  • 6-unit luxury townhouse community approved
  • Cleared site with utilities nearby
  • Surrounded by mature trees
  • Located on private street with newer homes
  • Close to award-winning schools and parks
  • Easy access to express trains to city

Overview

PRIME Development Opportunity! Streamlined project with strong market appeal. PUD allows for highly desirable development of 6-unit luxury townhouse community. Perfectly and privately situated on a street with other newer custom single family homes. Mature trees surround the site. ALL THE HEAVY LIFTING HAS BEEN DONE: Cleared sites, power and storm water are already at the site, water, sewer and gas are located across the street. Ideally positioned in high demand Downers Grove, with award winning schools, acres of parks and greenspace and easy access to express trains to the city. $75k per lot to be sold as a package, single family homes across the street valued in the $800s, townhomes in the mid-$600's per Remine. These parcels promise very impressive potential in an appreciating location.
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Property Features

1145 Crystal Avenue, Downers Grove, Illinois, 60516, USA offers the following features:

Property Type: Land
Status: Active
Reference ID: 12531479

Map