Itasca IL Real Estate & Land for Sale

Inventory feels tight? This is your chance to create exactly what you've been waiting for. Welcome to 322 S Elm-a rare opportunity to build your dream home in the heart of Itasca. This 0.30-acre residential lot offers the space, setting, and flexibility to bring your vision to life. Mature trees frame the property beautifully, giving you a head start on charm and privacy. Ideally located near Franzen Intermediate, Peacock Middle School, and Lake Park High School, along with local parks, dining, and everyday conveniences. Plus, you're just minutes from the Itasca Country Club and have easy access to major highways and Metra for a smooth commute.

Prime vacant land adjacent to the Forest Preserve -sold AS-IS! Spanning 1.21 acres with 196 feet of frontage on George Street and a depth of 269 feet, this property offers the potential to subdivide into two R-1 lots or three R-2 lots (subject to Village approval). A great opportunity for builders and developers, this private yet conveniently located parcel is just minutes from downtown Itasca, Metra, schools, restaurants, expressways, and more. Drive by and envision the possibilities!

EXCELLENT OPPORTUNITY TO BE A BUSINESS OWNER IN THE HEART OF ITASCA'S HISTORIC DISTRICT - VACANT LAND AVAILABLE FOR DEVELOPMENT IN THE DOWNTOWN ITASCA. PERFECT LOCATION TO PUT A RESTAURANT/EATERY. CURRENTLY ZONED B6 - RESTAURANT RETAIL. LANDOWNER OFFERING APPEALING LEASE INCENTIVE TO POTENTIAL LESSEE TO BUILD THEIR BUSINESS THERE. MAGNIFICENT LOCATION FOR RESTAURANT, FAST FOOD, BREWERY w/outdoor seating - the possibilities are endless!!!

This Land Redevelopment Opportunity is located in Itasca, DuPage County, Illinois. Made up of 24 single family homes which offer a total of +/- 20.05 acres of land. These parcels would be included in an annexation into the village of Addison, IL. The subject land is approximately 27 miles northwest of downtown Chicago. It is close to O'Hare International Airport, major expressways, major retailers, and rail transportation. The subject land is more specifically located at the Northeast corner of the intersection of Lake Street, and Route 53. The land sits between Central Road to the West border, Grove St on the North Border, and Prescott Pl., Physician Immediate Care, Dunkin Donuts, Mario's Deli, Bigsby, DeMarco's Restaurant, and Lake Street to the South border. The village does not have a set density, but for single-family development that would generally mean somewhere between 3.6 and 5.7 units per acre. The village is in favor of zoning a multi-story condo or mixed-use building as an R4 planned development, which would allow up to six stories. The R4 district permits the development of 21-33 units per acre depending on the number of bedrooms in the units. The minimum lot size for single-family varies depending on the zoning district. This area abuts residential neighborhoods that are zoned R2 (8,400 square feet per lot) and R3A (7,600 square feet per lot). Currently, the land consists of 24 Single Family Homes which offer a total of +/- 20.05 acres of land. There is potential to acquire an additional 4.76 acres (please call for additional information). This opportunity is an Investor/Developer's Dream! An investor can take full advantage of this real estate opportunity by capitalizing on the usage of the land for redevelopment which is located in an extremely rare location in an already established suburban submarket.