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117 W Virginia St

0.56 Acres of Commercial Land Offered at $5,025,615 CAD in Elmhurst, IL 60126

Commercial Land Illinois Elmhurst 117 W Virginia St, Elmhurst, IL 60126

INVESTMENT HIGHLIGHTS

  • Rare opportunity to develop for sale or for rent multifamily
  • By right construction allows for a 32 unit, 6 story concept with on grade parking
  • Heart of downtown Elmhurst

EXECUTIVE SUMMARY

Rare opportunity to develop for sale or for rent multifamily in the heart of downtown Elmhurst, the bustling DuPage County suburb. By right construction allows for a 32 unit, 6 story concept with on grade parking. Occupants would enjoy a true walk to town location in a submarket where rents approach $3.00/SF and for sale multifamily products exceeds $550/SF. Ownership can provide concept construction documents, layouts, and estimate request with execution of NDA.

ATTACHMENTS

117 W Virginia Street Brochure

PROPERTY FACTS Under Contract

Price $5,025,615 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
No. Lots 1 Total Lot Size 0.56 AC
Property Type Land
Price $5,025,615 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.56 AC

1 LOT AVAILABLE

Lot

Price $5,025,615 CAD Lot Size 0.56 AC
Price Per AC $8,974,312.25 CAD
Price $5,025,615 CAD
Price Per AC $8,974,312.25 CAD
Lot Size 0.56 AC

Rare opportunity to develop for sale or for rent multifamily in the heart of downtown Elmhurst, the bustling DuPage County suburb. By right construction allows for a 32 unit, 6 story concept with on grade parking.

DESCRIPTION

Rare opportunity to develop for sale or for rent multifamily in the heart of downtown Elmhurst, the bustling DuPage County suburb. By right construction allows for a 30 unit, 6 story concept with on grade parking. Occupants would enjoy a true walk to town location in a submarket where rents approach $3.00/SF and for sale multifamily products exceeds $550/SF. Ownership can provide concept construction documents, layouts, and estimate request with execution of NDA.

LINKS

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117 W Virginia St, Elmhurst, IL - AERIAL map view
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-02-407-004
  • 06-02-407-006
 Improvements Assessment $298,648 CAD
Land Assessment $131,149 CAD Total Assessment $429,797 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-02-407-004
  • 06-02-407-006
Land Assessment
$131,149 CAD
Improvements Assessment
$298,648 CAD
Total Assessment
$429,797 CAD

ZONING

Zoning Code CBOCR (Central Business Outer Core Residential)
CBOCR (Central Business Outer Core Residential)
(773) 814-3378

CONTACT

  • Listing ID: 32748317

  • Date on Market: 2024-08-09

  • Last Updated:

  • Address: 117 W Virginia St, Elmhurst, IL 60126

The Downtown Elmhurst Land Property at 117 W Virginia St, Elmhurst, IL 60126 is currently available. Contact John Greene Commercial for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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117 W Virginia St, Elmhurst, IL for sale Building Photo- Image 1 of 4
Rendering of Proposed Building
117 W Virginia St, Elmhurst, IL for sale Aerial- Image 2 of 4
Aerial
117 W Virginia St, Elmhurst, IL for sale Building Photo- Image 3 of 4
Rendering of proposed plan

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117 W Virginia St
(773) 814-3378 x

117 W Virginia St

Shamus Conneely

(773) 814-3378

(773) 814-3378

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