Prime development opportunity in unincorporated Lemont with strong upside potential. This R-4 zoned parcel offers flexibility for a single-family residence along with a variety of permitted uses including educational, recreational, community, and select institutional applications (buyer to verify all uses). Positioned near the high-traffic 127th Street corridor and offering convenient access to Interstate 355, the property benefits from strong visibility and proximity to established commercial uses, making it an attractive candidate for future rezoning to commercial or mixed-use (subject to Cook County approval). Buildable lot with sewer connection available. Ideal for developers, investors, or builders seeking a project with long-term appreciation or potential for higher and better use. Outstanding opportunity to capitalize on location, exposure, and future growth potential.
— the listing agent’s description
The home
0.82-acre lot
Land
What it’ll cost
$4,766 taxes / yr
No HOA
12 days on dwello
Estimated monthly payment
$1,799/mo
Principal & interest$1,329
Property taxes$397
Homeowners insurance$73
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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.