Bohlmann & Sauk Trail Land Site Portfolio

Description:

Presented by the Midwest Investment Advisors team with KW Commercial and Keller Williams ONEChicago.

 

Total Purchase Price: $1,800,000

Total Land Area: 3,546,625 SF | Price Per SF: $0.51

 

Land Portfolio Breakdown

5700 & 5900 Sauk Trail, Richton Park, IL

Total Land Area: 1,844,766 SF (42.35 Acres)

APNs: 31-32-200-012-0000 & 31-32-200-011-0000

Purchase Price: $945,000 ($0.51 per SF)

 

22400 Bohlmann Pkwy & 22450 Central Ave, Richton Park, IL

Total Land Area: 1,701,859 SF (39.07 Acres)

APNs: 31-32-200-014-0000 & 31-32-200-017-0000

Purchase Price: $855,000 ($0.50 per SF)

 

Zoning: BP (Business Park) – Village of Richton Park, IL

 




Proximity to Growth: Adjacent to Central Avenue, Richton Park’s newest mixed-use development corridor, positioning the land for future retail, commercial, and industrial use.

Infrastructure Ready: Utilities are readily available, streamlining the development process.

Environmental & Stormwater Planning Underway: CMAP, FEMA, and the Army Corps of Engineers (ACE) are engaged in stormwater boundary revisions and future management planning to enhance and expand developable green spaces.

Diverse Development Opportunities: The portfolio offers flexibility for retail, commercial, and industrial projects, catering to the evolving needs of the Richton Park market.

Low Carrying Costs: 2023 Real Estate Taxes: $2,468.22—an attractive factor for investors looking to hold the land while planning development.

This prime land portfolio presents an exceptional opportunity for developers and investors seeking affordable, strategically located acreage within a high-growth area. Positioned for future economic expansion, these parcels offer scalability, investment flexibility, and access to municipal incentives that enhance their long-term value.