Jeff Wehr
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
LAND VALUE OPPORTUNITY - DOUBLE LOT POTENTIAL - Builders take note: this is a rare chance to secure a generous .47-acre parcel on one of Palos Hills' prettiest streets, where homes command $1 million and up. You can easily build 2 homes on this parcel (subject to municipal approval). The lot comes with public water and sewer already available, eliminating the cost of utility installation and letting you move straight into planning and permitting. The existing 2-bedroom home offers no renovation potential and is being sold strictly for land value and the sale price reflects lot value only. This clears the way for new construction, giving you a blank canvas in a location where finished homes routinely sell in the seven figures, positioning your build for strong resale potential from day one. With its combination of lot size, utility access, and an address in an amazing neighborhood, this property offers builders a straightforward path to a high-value new construction project in a market that continues to draw premium buyers. Opportunities to acquire land with this much upside in an established, high-end neighborhood are limited, this one is ready for your next project.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,097
Built in 1954
Elementary School: Oak Ridge Elementary School
High School: Amos Alonzo Stagg High School
Middle School: H H Conrady Junior High School
General Information
Bedrooms: 2
Bathrooms: 1
Sqft: 1,097
County: Cook
High School: Amos Alonzo Stagg High School
Listed By:
Realty Executives Premier Illinois
630-668-1199
MRED MLS
MLS ID: 12709143
Room Information
Bedroom 2: 10X11
Kitchen: 10X15
Laundry: 6X10
Living Room: 12X15
Primary Bedroom: 11X14
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9937 S 86th Court, Palos Hills, IL 60465.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $299,000 | $299,000 | $299,000 |
| Down Payment | $59,800 | $10,465 | $74,750 |
| Monthly Mortgage Amount | $1,512 | $1,832 | $1,877 |
| Taxes | $416 | $416 | $416 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $132 | $0 |
| Monthly Estimated Total | $2,028 | $2,480 | $2,393 |
Jeff Wehr
REALTOR®
Office: (563) 441-5062
Cell: (563) 320-2298
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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