Excellent opportunity for developers or investors! Situated on 2.81 acres in unincorporated Addison, IL, this unique property offers prime potential for a multi-family housing development through annexation with the Village of Addison. "Just minutes from the I-355 exits, this location benefits from a combined daily traffic count of approximately 43,400 vehicles (per IDOT data)." For those who prefer to preserve the history, the existing farmhouse-originally built in 1865-offers over 4,000 sq. ft. of living space, featuring 5 bedrooms, 3 baths, and a basement with a solid foundation, making it a great candidate for renovation. Additional highlights include a horse barn with 5 stalls, fenced pasture, and multiple outbuildings. Here you'll find the perfect balance of peaceful, country-style living with convenient access to all that Addison has to offer. For more details on development options, please contact the listing broker.
Property Features
Parking
Gravel
Off Site
Driveway
On Site
Garage
Basement
Unfinished
Full
Cooling Information
Central Air
Heating Information
Natural Gas
Water Features
Well
House Interior
Pantry
Listing Courtesy: Berkshire Hathaway HomeServices Chicago - 630-469-7000
Based on information submitted to the MLS GRID as of 2025-09-03 20:09:31. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-03 20:09:31
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Market statistics compiled from data from Midwest Real Estate Data.
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008