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Full details for Other For Sale in River Grove, Illinois

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Description

Calling all developers, builders, investors and rehabbers! Rare opportunity to build on a combined double lot (60x124) in River Grove; zoned R3 (single and multi-unit dwelling). Be the next developer that sells a new construction project or keeps it as a rental building, just like a 6-unit building across the street. Perfectly located on a very quiet residential street, only 2 blocks to a River Grove Metra train, 2 blocks to a school and 1 block to a grocery store. Amazing opportunity for the savvy developer with lots of rental comps in the area like River Grove Station brand new development. Rents starting at $1,650/ month for 1 bed/ 1 bath and $2,100/month for 2bed/ 2bath. Also, a great option for rehabbers to do a partial gut rehab/ potential expansion for an existing single family home on one of the lots and build on the vacant lot. Must be sold AS-IS, all repairs must be assumed by the buyer with no exceptions. Find a survey on mls in additional information. Back to listing