847-989-8359
7459 Franklin St, Forest Park, IL for Sale
Commercial LAND - FOR SALE
1/3
108,900 SF

7459 Franklin St
Forest Park, IL 60130


HIGHLIGHTS

  • Municipal Support for Redevelopment
  • Multifamily and/or Townhome Development Potential
  • Near-Term Site Control (short-term, cancelable leases)
  • Strategically located in a TIF District
  • Infill Location Adjacent to Oak Park
  • Value Creation Through Repositioning

OVERVIEW

7459 Franklin Street presents a rare opportunity to acquire a well-located infill redevelopment site in Forest Park, Illinois, with clear municipal support for residential conversion. Exact unit count subject to site plan, parking and municipal approvals. •Acquisition of 100% of the equity interests in Mackie Family Properties, Inc. (the “Company”) •The Company owns the real estate located at 7459 Franklin Street •Village-supported transition from industrial to residential – Multifamily or Townhomes •Strategically located within a TIF District, offering potential access to redevelopment incentives

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Potential Transit-Oriented Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

2.5 AC

LAND SF

108,900 SF

OFFSITE IMPROVEMENTS

-

ZONING

I-2

APN/PARCEL ID

15-12-400-015-0000,15-12-400-019-0000

ASK ABOUT THIS PROPERTY

Anne DempseyColliersMore Info
847-989-8359

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Anne DempseyColliersMore Info
847-989-8359

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