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511 E Cossitt AveLa Grange, IL 60525
511 East Cossitt Avenue
Asset ClassLand
land development opportunity
overview of deal

Overview

Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in 511 E Cossitt Ave (the “Property”), a 0.92-acre land parcel in La Grange.

 

This ±41,244 square foot parcel of land is zoned R-6 with utilities already available to the site, offering a straightforward path to redevelopment. Current development plans call for ten (10) 3-bedroom/2.5-bathroom townhome units, ten (10) two-car garages, and 34 surface parking spaces. Depending on parking, the site could potentially fit 13 townhome units.

 

The Property sits directly east of Lyons Township High School, recognized as one of the 30 best public high schools in Illinois. Situated just a few blocks from vibrant Downtown La Grange, the development site offers convenient access to boutique retail, acclaimed restaurants, the public library, and the Metra station—providing exceptional walkability and strong long-term demand drivers for residents and investors alike.

 

Within 1-mile, demographics include an average household income of $130,738+, an average home value of $371,552+, and a total population of ±21,710.

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Investment Highlights

⦿ READY TO BUILD

 

⦿ PRIME RESIDENTIAL DEVELOPMENT

 

⦿ PROXIMITY TO DOWNTOWN LA GRANGE

 

⦿ SUPERIOR DEMOGRAPHICS

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511 E Cossitt AveLa Grange, IL 60525
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Listing provided by Revere CRE