Calling all Investors or rehabbers. Full gut or teardown opportunity in the heart of historic Riverside, a nationally recognized landmark and one of the country's first planned suburban developments designed by Frederick Law Olmsted, just 9 miles from downtown Chicago. Set on an oversized 50x200 lot, this property offers exceptional potential for a complete gut renovation or new construction. The existing home is being sold as-is; buyers are encouraged to focus on the land, location, and long-term value. Riverside is known for its winding, tree-lined streets, iconic oil lamp lighting, scenic parkways, and architecturally significant homes, including works by Frank Lloyd Wright. This serene, picturesque community sits along the Des Plaines River and offers parks, trails, and a charming downtown village square featuring historic landmarks such as the Riverside Public Library, Water Tower, Village Hall, and Metra station. Close to major expressways, Riverside combines convenience with character. With a mix of grand, renowned residences and charming cottages and bungalows, residents take pride in preservation, landscaping, and community character. Often called the "Village in the Forest," Riverside provides a rare opportunity to build new in one of the most architecturally significant communities in the Chicago area. Interior measurements are estimated and not guaranteed.
Contingent
$319,500
280 Addison Rd, Riverside, IL 60546
3beds
1,193sqft
Est.:
Single Family Residence
Built in 1913
9,073.55 Square Feet Lot
$313,700 Zestimate®
$268/sqft
$-- HOA
What's special
Architecturally significant homesWinding tree-lined streetsScenic parkwaysIconic oil lamp lightingParks trails
- 20 days |
- 2,374 |
- 31 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 28, 2026 at 01:43pm
Listing courtesy of:
Vickie Schoenfeld 630-842-3401,
Baird & Warner,
Julia Corkey 630-418-1800,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12549846
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 2
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10X9
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10X9
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Kitchen
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15X11
Living room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Heating
- Natural Gas
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Flooring: Hardwood
- Basement: Partially Finished,Partial
Interior area
- Total structure area: 0
- Total interior livable area: 1,193 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 9,073.55 Square Feet
- Dimensions: 50x200x45x199
Details
- Parcel number: 15362020350000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Services included: None
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $290,000
- Annual tax amount: $1,943
- Date on market: 1/18/2026
- Ownership: Fee Simple
Estimated market value
$313,700
$298,000 - $329,000
$2,647/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Contingent | $319,500$268/sqft |
Source: | ||
| 1/18/2026 | Listed for sale | $319,500$268/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,943 -19% | $29,000 -2.5% |
| 2022 | $2,400 +6.9% | $29,750 |
| 2021 | $2,245 +11% | $29,750 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,167/mo
Principal & interest
$1525
Property taxes
$530
Home insurance
$112
Climate risks
Neighborhood: 60546
Nearby schools
GreatSchools rating
- 10/10Blythe Park Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10L J Hauser Jr High SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Riverside Brookfield Twp High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Central Elementary School
- Middle: L J Hauser Junior High School
- High: Riverside Brookfield Twp Senior
- District: 96
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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