708-753-8820
22303 Richton Square Rd, Richton Park, IL for Sale
Flex - FOR SALE
1/2
null | Request Cap Rate

Apr '26


22303 Richton Square Rd
Richton Park, IL 60471


OVERVIEW

One-story building shell suitable for mixed-use or multifamily. One of three Richton Park Town Center properties available for redevelopment along Sauk Trail through a Request for Proposals (RFP) issued by the Village of Richton Park. Request more information on the RFP properties and process at https://richtonpark.org/towncenter. The deadline for RFP submittals is Monday, January 26, 2026. The Village will negotiate a Redevelopment Agreement (RDA) with the selected RFP applicant. The RFP will define the obligations of both the developer and the Village including the terms of sale. A renovation project resulting in reactivation of the entire building will be an obligation of the developer. Or demolition and new construction. . Welcome to Your Home. Richton Park is a progressive village in the Chicago south suburbs. We are diverse and thriving, with easy access to the Lakefront via Interstate 57 and the Metra Electric line. Richton Park prides itself in being a safe, tight knit community. Home to the award-winning Southland College Prep, Rich Township Fine Arts Campus, and just ten minutes from Governors State University, Richton Park’s foundation for future growth is rooted in academic excellence. Investment is happening in new businesses. New restaurants and specialty retail cater to the appetites of residents and visitors of all ages. New venues and Village festivals create opportunities for people to come together and make memories. Richton Park fosters a spirit of both community and entrepreneurship. Recent investments in the Village span new retail and multifamily construction as well as renovation of multiple existing properties to offer new retail, dining and employment opportunities to residents. Notably, a new specialty bakery and restaurant, Sweet Vegan Bakes, has just opened adjacent to the RFP sites at 3721 Sauk Trail. The RFP sites are part of the Village’s active Town Center redevelopment efforts guided by its 2024 Town Center Plan. There are many active, funded projects that are all expected to be completed in the next two years including environmental assessments, new street design and construction of Richton Road, restoration of demolition sites, design for a one-way to two-way conversion of Richton Rd north of Sauk Trail and site preparations for future RFPs. Request more information on the RFP properties and process at https://richtonpark.org/towncenter. The deadline for RFP submittals is Monday, January 26, 2026.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Town Center Firestation One Site and Building

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.41

LAND SF

17,712

ZONING

TC-3

APN/PARCEL ID

31-35-101-002-0000,31-35-101-006-0000,31-35-101-007-0000,31-35-101-008-0000,31-35-101-009-0000,31-35-101-010-0000,31-35-101-011-0000,31-35-101-012-0000,31-35-101-020-0000

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Brandon BoysVillage of Richton ParkMore Info
708-753-8820

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Brandon BoysVillage of Richton ParkMore Info
708-753-8820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.