DOWNTOWN TINLEY PARK REDEVELOPMENT OPPORTUNITY! Located within Tinley Park's Downtown Legacy District - Downtown General (DG) subdistrict, this property offers significant redevelopment potential in an area specifically intended to transition existing properties toward higher-density residential uses. Under the DG redevelopment standards, permitted building types include MULTI-FAMILY and SINGLE-FAMILY ATTACHED, creating potential for a multi-unit residential building, townhomes/rowhomes or other qualifying development, subject to Village approval. The DG district requires a minimum two-story building height, with allowable maximum building height governed by the Legacy District regulating plan. Residential development requires one on-site parking space per dwelling unit. Existing improvements may also qualify under the Legacy Code's Heritage Site provisions when improvements remain below the applicable 50/50 market-value threshold. New detached single-family redevelopment is not identified as a permitted building type under the DG redevelopment standards. Buyer/developer to perform all due diligence with the Village of Tinley Park regarding permitted use, density, building height, setbacks, parking, access, utilities and development requirements.Property is being sold AS-IS. Buyer to perform all due diligence and verify zoning, density, permitted uses, elevator requirements, and redevelopment plans with the Village of Tinley Park.
Listed By
Agency Name: @properties Christies International Real Estate
Agency Phone: 630-634-0700
Shown By
Agent Name: Donya Bundy
Agent Phone: (608) 295-5181
Agency Title: Gambino Realtors
Estimated Payment
$ 2,631.92 per month $1,812.38 Principal & Interest $703.17 Property Tax $116.38 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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6715 174th Street | MLS# 12782540
This land located at 6715 174th Street, Tinley Park, IL 60477 is currently listed for sale with an asking price of $399,000. The property has approximately 0.18 Acres. 174th Street is located within the District 146 school district. Search Tinley Park real estate on dbundy.gogambino.com today.