620 N Oak Street Hinsdale, IL $ 3,400,000
620 N Oak Street
$ 3,400,000
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620 N Oak Street

Hinsdale, IL, 60521
$ 3,400,000
Baths0.0

Monthly Estimate*

$ 22,597

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620 N Oak Street, Hinsdale, IL 60521 - Image 10
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Studio

Commercial Property for sale in Hinsdale, IL

for $3,400,000. This building was built in 1970 on a lot size of 1.72.

This is a rare opportunity to acquire a 1.72 Acre development parcel in the heart of The Lane School District of Hinsdale. With phenomenal schools, a charming historic downtown, express Metra service to Chicago in 30 minutes and access to major interstates, this area of Hinsdale is perfect for a new user of the existing building or the construction of 7 single family homes. Two different concept plans have been developed for how to divide this property into 7 buildable sites. The existing zoning for this parcel is R-4 (Residential) and IB (Institutional); the village considers this property to be one zoning lot and Sellers have met with Village to get clarity on Zoning. The surrounding area to this property is fully built out luxury homes and this parcel when developed will fit right into the neighborhood.

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Commercial Contingent

Price

$ 3,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Single Family

Lot Size

1.72

Year Built

1970

Town/City

Hinsdale

County/Region

DuPage

MLS | Web ID

12031614

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Sanitary Sewer Water to Site
Zoning OTHER
Year Built 1970
Electric Circuit Breakers
Tenant Pays None
Stories 1
Township Downers Grove
Tax Year 2022
Current Use Single Family
County DuPage
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Instut/To Develop
Contingency Attorney/Inspection
Possible Use Development Single Family
Status Contingent
Directions 294 to Ogden Avenue West; South on Oak Street to SW corner of Oak and Fuller
City Hinsdale
MLS Area Hinsdale
Waterfront Y/N N
Street Name Oak
Tax Annual Amount 0
Additional Parcels Y/N Y
Virtual Tour https://tours.positiveimagelive.com/2234848?idx=1
Days on Market 11
Standard Status Active Under Contract
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 268X279
Lot Size Acres 1.72
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

morel@atproperties.com

Email

Affordability Calculator

$22,597
Per Month
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Monthly Principal & Interest
$22,597
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$3,400,000 Listed Price

Map


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620 N Oak Street, Hinsdale, IL, 60521 is a Commercial Property for sale at $3,400,000 with a lot size of 1.72. 620 N Oak Street is a studio with 0.0 baths and was built in 1970. The property's zip code is 60521 which is in Hinsdale, IL