Active

5N210 Central Road

Itasca, IL 60143

$17,589,548 $74,158/Mo

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Overview

Acres (Lot)

Description

This Land Redevelopment Opportunity is located in Itasca, DuPage County, Illinois. Made up of 24 single family homes which offer a total of +/- 20.05 acres of land. These parcels would be included in an annexation into the village of Addison, IL. The subject land is approximately 27 miles northwest of downtown Chicago. It is close to O'Hare International Airport, major expressways, major retailers, and rail transportation. The subject land is more specifically located at the Northeast corner of the intersection of Lake Street, and Route 53. The land sits between Central Road to the West border, Grove St on the North Border, and Prescott Pl., Physician Immediate Care, Dunkin Donuts, Mario's Deli, Bigsby, DeMarco's Restaurant, and Lake Street to the South border. The village does not have a set density, but for single-family development that would generally mean somewhere between 3.6 and 5.7 units per acre. The village is in favor of zoning a multi-story condo or mixed-use building as an R4 planned development, which would allow up to six stories. The R4 district permits the development of 21-33 units per acre depending on the number of bedrooms in the units. The minimum lot size for single-family varies depending on the zoning district. This area abuts residential neighborhoods that are zoned R2 (8,400 square feet per lot) and R3A (7,600 square feet per lot). Currently, the land consists of 24 Single Family Homes which offer a total of +/- 20.05 acres of land. There is potential to acquire an additional 4.76 acres (please call for additional information). This opportunity is an Investor/Developer's Dream! An investor can take full advantage of this real estate opportunity by capitalizing on the usage of the land for redevelopment which is located in an extremely rare location in an already established suburban submarket.

Property Details

Property Type : Land

Price : $17,589,548

AD Id : 47899623

MLS Id : MRD11608085

Lot Size : 0.00 sq ft lot

County : DuPage

Map

Features

Lot Information

Lot Dimensions: 1X1 Lot Acres: 20.05 Lot Size: 10.0-24.99 Acres

Property Information

Property Type: Land Sub Type: Land

Listing Price Information

Original List Price:$18960000

Tax Information

Annual Tax: $3949.06 Tax Year: 2023 Parcel Number: 0318302025

Utility Information

Electric to Site, Natural Gas Available, Sewer Nearby, Water Available
Location Information

City: Itasca Direction: Lake Street & Rt. 53

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
206 E George Street, Itasca, IL, 60143	$575,000	--	--	--	1.21 Acres(Lot)
322 S Elm Street, Itasca, IL, 60143	$225,000	--	--	--	0.31 Acre(Lot)
100 S Walnut Street, Itasca, IL, 60143	$1	--	--	--	0.17 Acre(Lot)

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5N210 Central Road,
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100 S Walnut Street,
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ByOwner last updated this listing 06/07/2026 @ 06:20

MLS: MRED #11608085 LISTED BY: Rocco Zaccaro, Coldwell Banker Realty 630-954-4600 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)