5N210 Central Rd, Itasca, IL 60143

LAKE AND 53 REDEVELOPMENT Itasca, IL 60143 Introducing a rare opportunity at LAKE AND 53 REDEVELOPMENT in Itasca, IL. Boasting approximately 23 acres in a prime location, this property offers immense potential for redevelopment with access to major highways, retailers, public transportation, and proximity to O'Hare Airport. The package includes 24 single-family homes spanning approximately 23 acres and the option to acquire an additional 4.76 acres. Located at the intersection of Lake Street and Route 53, this parcel is strategically positioned within an established submarket. The area is ripe for growth, with the potential for a multi-story condo or mixed-use building development. The village of Addison favors an R4 planned development, allowing up to six stories and 21-33 units per acre. Nestled in a great school district, this Investor/Developer Dream is a rare find for those seeking a lucrative real estate opportunity. Don't miss your chance to be part of the LAKE AND 53 REDEVELOPMENT in Itasca, IL – contact us to learn more!