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511 E Cossit Avenue La Grange, IL 60525

$900,000
Active / MLS# 12571590 / Land - Residential / La Grange
0 Beds

511 E Cossitt Ave, La Grange - A 41,244 SF parcel of land located in the affluent La Grange neighborhood is currently zoned R-6 with utilities already available to the site, offering a straightforward path to redevelopment. La Grange's strong housing demand offers the potential opportunity for upzoning to R-7/8 Multifamily, subject to the village's approval. Current development plans call for ten (10) 3-bedroom/2.5-bathroom townhome units with ten (10) two-car garages, and 34 surface parking spaces. The Property sits directly east of Lyons Township High School, recognized as one of the 30 best public high schools in Illinois. Situated just a few blocks from vibrant Downtown La Grange, which offers convenient access to retail, restaurants, and the Metra station. Within 1-mile, demographics include an average household income of $130,738+, an average home value of $371,552+, and a total population of 21,710. For inquiries, reach out to Chris Malay - Greenstone Partners . PINs: 18-04-235-010;18-04-235-011; 18-04-235-012; 18-04-235-013; 18-04-235-014; 18-04-235-015; 18-04-235-016; 18-04-235-042 Frontage: 80 ft Transit: La Grange/Cossitt Pace Bus Routes #330, # 302, 331 Stone Avenue Metra (0.4 miles) La Grange Road Metra (0.7 miles) Congress Park Metra (0.7 miles)

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 3,389.75 per month $2,000.00 Principal & Interest $1,127.25 Property Tax $262.50 Homeowner's Insurance
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Property Details

Property Type: Land - Residential
Basement: None
Lot Size: 1.65 Acres
Taxes: $13,527

Feature Descriptions

Frontage: 80
Frontage Type: City Street
Lot Dimensions: 369x195
Parcel#: 18042350100000
Road Surface: Concrete
Township: Lyons
Utilities: Natural Gas Nearby, Sewer Nearby, Water Nearby

Schools

School District: District 102

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Avenue 1 Realty Group

Listing Office Phone: 773-622-4663



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