Attention Developers and Investors. Opportunity to rezone, from R1 to R3, over 1 acre in prime location on Touhy Ave. City of DesPlaines expressing interest in multi-unit residential properties such as a 9-unit townhouse development or 18-unit multi-family apartment or condominium development within R3 guidelines. Property, currently zoned R1, includes two adjacent half-acre lots creating together over 1 rectangular acre. Lot #1 (09-33-101-012) has a farm house, 1-car detached garage with an apartment and carport and an additional shed. All structures are included in as-is condition. House and garage have utilities of water, septic, electricity and gas. Lot #2 (09-33-101-018) is vacant land. The lots are being sold together. The walnut tree is excluded from the sale. An appointment must be made with the listing agent to walk the land.
Based on information submitted to the MLS GRID as of 2025-12-16 13:23:42. 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: 2025-12-16 13:23:42
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008