Exceptional development opportunity in the heart of Cicero! This oversized 75 x 123 vacant lot is zoned for residential/commercial use, offering incredible flexibility for builders and investors alike. Approved potential to develop up to 15 units, with options for 1-bedroom/1-bath or 2-bedroom/1-bath layouts-perfect for maximizing rental income and long-term returns. The generous lot dimensions allow for efficient design and functionality, including space for approximately 15 parking spots-a rare and highly desirable feature for multi-unit developments. Located in a well-established area with convenient access to major expressways, public transportation, shopping, and dining, this property is ideally positioned for strong tenant demand. Whether you're looking to build and hold or develop and sell, this is a rare opportunity to capitalize on a high-density project in a growing market.
— the listing agent’s description
The home
Lot 75 X 123
Land
What it’ll cost
$3,473 taxes / yr
No HOA
39 days on dwello
Estimated monthly payment
$1,130/mo
Principal & interest$797
Property taxes$289
Homeowners insurance$44
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.