This exceptional 5-acre vacant lot offers a rare opportunity to build your dream home (or multiple homes) in the highly desirable southwest suburbs of Orland Park, Illinois. Located at 16023 118th Ave, the property features a peaceful, wooded setting with mature trees and a creek running through the rear portion of the second parcel. This natural waterway creates beautiful scenery while offering the potential to adjust lot lines, possibly excluding the primary buildable area from the floodplain and reducing or eliminating the need for flood insurance. All floodplain information, lot line adjustments, and buildability must be verified with Cook County, the Village of Orland Park, and local engineering departments. The expansive acreage provides excellent potential for multiple homesites, a private estate, or even a small subdivision (subject to all necessary approvals from county and village planning, zoning, and engineering departments). Living in Orland Park means enjoying one of Chicago's most sought-after suburbs. Residents benefit from highly rated public schools, a low crime rate, abundant parks and recreational trails, and convenient access to shopping, dining, and everyday amenities at nearby Orland Square and beyond. You'll experience a safe, family-friendly community with excellent public services, well-maintained neighborhoods, and easy commuting options to the greater Chicagoland area - all while enjoying the space and privacy of a spacious 5-acre property. Whether you're looking for a custom single-family estate or envision developing multiple homesites, this rare parcel in a prime location offers outstanding long-term potential. The real estate tax reduction appeal is under review and most likely it will be reduced to reflect a vacant land than a single family home.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 630-954-4600
Shown By
Agent Name: Stefanie Yarber
Agent Phone: Cell: (815) 995-0836
Agency Title: Gambino Realtors
Estimated Payment
$ 5,169.06 per month $1,589.81 Principal & Interest $3,477.17 Property Tax $102.08 Homeowner's Insurance
16023 118th Avenue | MLS# 12634813
This land located at 16023 118th Avenue, Orland Park, IL 60467 is currently listed for sale with an asking price of $350,000. The property has approximately 5.09 Acres. 118th Avenue is located within the District 230 school district. Search Orland Park real estate on syarber.gogambino.com today.