$1,125,000

Estimated payment $7,689/month

Total Views 3,689
-- Acre
-- Price per Acre
-- Sq Ft Lot

About This Lot

Prime townhome development opportunity in The Reserve of Maynegaite, Olympia Fields, IL! This offering includes 30 fully platted residential lots, zoned for townhome-style duplex units, with all utilities in place-water, sewer, electricity, gas, and internet. Located adjacent to the Olympia Fields Country Club, near METRA and I-57, this development-ready site is ideal for builders looking to capitalize on a high-demand market. Served by Arcadia Elementary, a National Blue Ribbon Award-winning school. Offered at $1,125,000 for a bulk sale or $42,500 per lot (minimum 8-lot purchase recommended for bulk pricing). Don't miss this chance to develop in a prime suburban location!

Listing Agent

Nina Kendrick

Luxe Living Realty, Inc License #471020168

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,061

Lot Details

  • Lot Dimensions are 300x1000
  • Cul-De-Sac
  • Additional Parcels
  • Property is zoned MULTI

Schools

  • Arcadia Elementary School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • The Reserve At Maynegaite Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$17,061

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Multi-Family
  • Road Surface Type: Asphalt
  • Subdivision Name: The Reserve at Maynegaite
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Length: 1000
  • Frontage Type: City Street
  • List Price: 1125000
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Schools

  • Elementary School: Arcadia Elementary School
  • Middle/Junior School District: 162

Lot Info

  • Additional Parcels Description: 31232020620000,31232020630000,31232020640000,31232020650000,31232020660000,31232020670000,31232020680000,31232020690000,31232020700000,31232020710000,31232020720000,31232020730000,31232020740000,31232020750000,31232020760000,31232020770000,31232020780000,
  • Additional Parcels: Yes
  • Lot Dimensions: 300X1000
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Description: Cleared
  • Total Listed Lots Avail: 30

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 17061.3
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 For Sale $1,125,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12311706

Midwest Real Estate Data (MRED)