, Chicago, Cook County, Illinois 60609, USA

IL, Chicago
$4,600,000
  • 0.06 Acre
  • Land Property Type
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Calling All Hotel, Condominium, Town Home, and Luxury Residential Home Developers! This build ready, Windham Mt. subdivision, faces and neighbors Windham Mountain. With 15.25 acres, and access to town sewer and water, this is likely the last great development opportunity for a hotel or large scale development, neighboring Windham Mountain! There is a massive water feature for the next owner(s) to fish, boat, and enjoy. The owner also completed a high quality road design that wraps around the inner circumference of the 14 lots with excellent grading and run-off. The town sewer and water allows the next developer multiple options, pending local approval. The offering price includes a luxury, Million dollar plus home, a development with shovel ready lots, a private road entrance from south street, and an access road coming from the east, allowing a quick walk or drive to the slopes and base lodge. The 15.25 acres is comprised of 60% deciduous trees, meadows and fields, all gently sloping upward. Windham has recently been in the news throughout the country for its incredible growth, ideal metrics for a hotel, townhome, high end luxury home, or condo development. The resort and areas recreation and entertainment throughout the year–skiing, snowboarding, mountain biking, golfing, and special events, are part of "The Great Reshuffling," and are seen as safe-havens, protection, and solid long-term investment opportunities. With new virtual work policies, a spike in short term rentals that experts say does not plan on slowing down any time soon, this property is truly the last of its kind. Windham is uniquely positioned to be a power player in the alpine real estate and development sector in the coming years and it is just over 2 hours from Manhattan.

Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 11770775
  • Price: $4,600,000
  • Lot Area: 0.06 Acre
  • Status: Active
  • Office Name: City Realtor INC.
  • Agent Name: Spasoje Bjelica
  • Property Sub Type: Vacant Land
Features
  • Heating System None
  • Cooling System None
  • Utilities Electric to Site
Address Map
  • Country US
  • State IL
  • County Cook
  • City Chicago
  • Zipcode 60609
  • Street: Princeton
  • Street Number: 5018
  • Street Suffix: Avenue
  • Longitude: W88° 22' 32.1''
  • Latitude: N41° 52' 32''
  • Street Dir Prefix: S
  • Zoning: OTHER
  • Mls Area Major: CHI - Fuller Park
Neighborhood
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Additional Information
  • Current Use: Other
  • Lot Size Dimensions: 25X125
  • Previous Price: 49000
Financial
  • Tax Annual Amount: 412
Listing Information
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-09-01T05:05:34Z
  • List Agent Mls Id: 1012688
  • List Office Mls Id: 88274
  • Mls Status: Expired
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
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