We are offering a fully defined residential development opportunity in North Chicago, Illinois, consisting of a planned subdivision for 10 single-family homes. The project is positioned for infill residential development in an established neighborhood with strong demand for new construction housing.
The site layout supports 10 buildable single-family lots, each suitable for modern, efficiently designed homes targeted to owner-occupants or rental investors. Preliminary engineering and subdivision planning have been completed, allowing a buyer to move efficiently toward permitting and construction.
Transaction Options:
- Investor Sale / Build Strategy: Acquire the project and develop all 10 homes for individual sale or long-term rental, capturing full development upside.
- Developer Sale: Purchase the entire project outright for $500,000, including the development concept and groundwork completed to date.
This opportunity is well-suited for:
- Small to mid-size residential developers
- Build-to-rent investors
Builders seeking shovel-ready infill projects in Lake County
- The seller is open to a clean sale, expedited closing, or structured discussion with qualified parties.
Serious inquiries only. Additional project details available upon request.