$ 350,000
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$350,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing 22076 - 229003,254974,264704
This exceptional 5-acre vacant lot offers a rare opportunity to build your dream home (or multiple homes) in the highly desirable southwest suburbs of Orland Park, Illinois. Located at 16023 118th Ave, the property features a peaceful, wooded setting with mature trees and a creek running through the rear portion of the second parcel. This natural waterway creates beautiful scenery while offering the potential to adjust lot lines, possibly excluding the primary buildable area from the floodplain and reducing or eliminating the need for flood insurance. All floodplain information, lot line adjustments, and buildability must be verified with Cook County, the Village of Orland Park, and local engineering departments. The expansive acreage provides excellent potential for multiple homesites, a private estate, or even a small subdivision (subject to all necessary approvals from county and village planning, zoning, and engineering departments). Living in Orland Park means enjoying one of Chicago's most sought-after suburbs. Residents benefit from highly rated public schools, a low crime rate, abundant parks and recreational trails, and convenient access to shopping, dining, and everyday amenities at nearby Orland Square and beyond. You'll experience a safe, family-friendly community with excellent public services, well-maintained neighborhoods, and easy commuting options to the greater Chicagoland area - all while enjoying the space and privacy of a spacious 5-acre property. Whether you're looking for a custom single-family estate or envision developing multiple homesites, this rare parcel in a prime location offers outstanding long-term potential. The real estate tax reduction appeal is under review and most likely it will be reduced to reflect a vacant land than a single family home.
Listing Highlights
Status
Pending
Days on Site
30
Property Type
Vacant Land
MLS ®
12634813
Year Built
Total Square Footage
0
Lot/Acreage
5.09
County
Cook
Area
Orland Park
School District
135
Elementary School
Meadow Ridge School
Middle School
Century Junior High School
High School
Carl Sandburg High School
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Well
Exterior Details
- Lot Description: Waterfront
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 220-1009
- Zoning: SINGL
- Roof:
- Others:
- Sewer: Septic Tank
Financial Details
- Tax Amount: $41,726
- Taxes w/Assessments: N/A
- Tax/Property ID: 27191010150000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
16023 118th Ave Orland Park, IL 60467
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