1821-25 Verde Avenue Arlington Heights, IL 60004

$399,000
4
Beds
1.5
Baths
1,350
SQFT
296
$/SQFT
$399,000
4
Beds
1.5
Baths
1,350   sf
$296 / sf
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DOUBLE LOT DEVELOPMENT OPPORTUNITY ~ A rare shovel-ready double lot development opportunity in one of Arlington Heights' most sought-after neighborhoods, offering expansive buildable FARs and unmatched potential for luxury single-family homes. ~ This prime site is located in the top-rated Hersey High School district, a 2024 Blue Ribbon recipient, surrounded by upscale homes selling for 1.6 million and higher. ~ The combined 27,000+ sq. ft. property includes two generously sized lots: Lot #1 (Corner) spans 15,000+ sq. ft. with an approved buildable FAR of 6,000+ sq. ft. Lot #2 (Interior) spans 11,000+ sq. ft. with an approved buildable FAR of 5,000+ sq. ft. ~ The premium corner lot offers exceptional design flexibility, allowing for side-entry, rear-load, front-facing, detached, or even two-story garage configurations to suit the buyer's vision. ~ The existing home on the site is a tear-down, making way for two fully custom new construction homes. ~ This site allows developers to create prestigious, high-end homes tailored to discerning buyers. All preliminary approvals are in place, and home designs can be customized by buyers and reviewed by the Village of Arlington Heights. | Located near the Metra station for easy access to downtown and close to parks, shopping, and dining, this thriving area commands high demand for new construction homes. | The seller is an Illinois-licensed Realtor.

DOUBLE LOT DEVELOPMENT OPPORTUNITY ~ A rare shovel-ready double lot development opportunity in one of Arlington Heights' most sought-after neighborhoods, offering expansive buildable FARs and unmatched potential for luxury single-family homes. ~ This prime site is located in the top-rated Hersey High School district, a 2024 Blue Ribbon recipient, surrounded by upscale homes selling for 1.6 million and higher. ~ The combined 27,000+ sq. ft. property includes two generously sized lots: Lot #1 (Corner) spans 15,000+ sq. ft. with an approved buildable FAR of 6,000+ sq. ft. Lot #2 (Interior) spans 11,000+ sq. ft. with an approved buildable FAR of 5,000+ sq. ft. ~ The premium corner lot offers exceptional design flexibility, allowing for side-entry, rear-load, front-facing, detached, or even two-story garage configurations to suit the buyer's vision. ~ The existing home on the site is a tear-down, making way for two fully custom new construction homes. ~ This site allows developers to create prestigious, high-end homes tailored to discerning buyers. All preliminary approvals are in place, and home designs can be customized by buyers and reviewed by the Village of Arlington Heights. | Located near the Metra station for easy access to downtown and close to parks, shopping, and dining, this thriving area commands high demand for new construction homes. | The seller is an Illinois-licensed Realtor.

Listed by:
American International Realty

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of American International Realty.
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School Info

Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Attached
  • No Pool

Interior Features

  • Heat Gas

Style

  • 1.5 Story
  • Cape
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