Prime Development Opportunity - Discover this exceptional property offering nearly 7 acres of unincorporated land with immense development potential! Nestled in a desirable area surrounded by beautiful single-family homes, this parcel is primed for future use as a residential development for detached single-family homes. Strategic Location: Located near established neighborhoods with easy access via a right of way at Patricia Lane. Future Development Flexibility: While the land requires an annexation agreement with the Village of Richton Park for zoning, utilities, and development, it offers incredible possibilities for builders and investors. Flood-Free Assurance: The property is not in a floodplain, providing peace of mind and fewer development restrictions. Versatile Special Uses: Beyond single-family homes, this land could be transformed into a Nursing Home, Assisted Living Facility, Independent Living Facility, Daycare, School, or Place of Worship. Priced to sell, this property presents a unique opportunity for visionary developers. View the map and drive by to witness the potential of this remarkable land firsthand. For more details or to explore development possibilities, contact us today!
Active
Price cut: $17K (5/30)
$188,000
22851 Farm Trace Dr, Richton Park, IL 60471
--beds
--baths
6.97Acres
Unimproved Land
Built in ----
6.97 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flood-free assurance
- 185 days
- on Zillow |
- 99 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 10:07pm
Listing courtesy of:
Kiana Szostak 708-955-1339,
Baird & Warner,
Mary Kaley 708-302-1946,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12286258

Travel times
Facts & features
Property
Features
- Frontage length: 557
Lot
- Size: 6.97 Acres
- Dimensions: 440X557X666X581
Details
- Parcel number: 31344010030000
- Zoning: SINGL
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Community & HOA
Location
- Region: Richton Park
Financial & listing details
- Tax assessed value: $378,970
- Annual tax amount: $13,978
- Date on market: 2/7/2025
- Ownership: Fee Simple
- Road surface type: Asphalt
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