+/- 8.2 Acres Developable Land For Sale

Description:

SCGroup Real Estate is pleased to offer for sale approximately 8.2 acres of land located at the corner of Bloomingdale and St Charles Roads in unincorporated Carol Stream (proximate to Glen Ellyn), Illinois, a western suburb of Chicago. Located at the signalized intersection of two primary roads, the land is sheltered by mature trees and landscaping and its topography consists of gently rolling hills bisected by a stream. Based on recent civil engineering studies, about half of the land is suitable for development. While currently zoned single family residential (Glen Ellyn School District), other potential uses could be multifamily or senior housing, healthcare facility, religious assembly, corporate retreat or a private school/day care. Parcel is subdivided into two parcels (approximately 3.3 and 4.9 acres each). Owner is willing to sell separately.

Investment Highlights
• Size: Rare larger infill development opportunity in a fully mature market.
• Amenities: Easy access to retail, restaurant, motels and other amenities.
• Demographics: Located in a densely populated and affluent market.
• Completed Engineering Studies: Certain civil engineering studies required for development have been completed and are available for review.
• Land Features: Site is bordered by mature trees, has a creek and a gently rolling topography.
• Access – Easy roadway access to the site from all directions.

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