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$319,999 Just Listed
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Property Description
Prime Development Opportunity - Discover this exceptional property offering nearly 7 acres of unincorporated land with immense development potential! Nestled in a desirable area surrounded by beautiful single-family homes, this parcel is primed for future use as a residential development for detached single-family homes. Strategic Location: Located near established neighborhoods with easy access via a right of way at Patricia Lane. Future Development Flexibility: While the land requires an annexation agreement with the Village of Richton Park for zoning, utilities, and development, it offers incredible possibilities for builders and investors. Flood-Free Assurance: The property is not in a floodplain, providing peace of mind and fewer development restrictions. Versatile Special Uses: Beyond single-family homes, this land could be transformed into a Nursing Home, Assisted Living Facility, Independent Living Facility, Daycare, School, or Place of Worship. Priced to sell, this property presents a unique opportunity for visionary developers. View the map and drive by to witness the potential of this remarkable land firsthand. For more details or to explore development possibilities, contact us today!
Full Property Details
Full Property Details for 22851 Farm Trace Dr
General
- Price: $319,999
- Taxes: $13,978 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12266611
- Updated: 1/11/2025
- Added to Site: 4 day(s) ago
Location
- Area: Richton Park
- County: Cook
- Township: Rich
- Driving Directions: Richton Square rd south to Louise Ct then west to Patricia Ln. Land is west of Farm Trace Rd between Patricia Ln and Castle Corner Dr
- Location Details: Not in City Limits
School Information
- School District: 162
- Elem School District: 162
- Midd School District: 162
- High School District: 227
Utilities
- Onsite: Electricity Nearby, Gas Nearby, Sanitary Sewer, Water Nearby
Structural Information
- Square Feet: 6.97
Lot Features
- Lot Size (Acres): 6.97
- Lot Size (Sq. Ft.): 303,177
- Lot Size Range: 6.0 to 7.99 Acres
- Lot Dimensions: 440 x 557 x 666 x 581
- Frontage: City Street
- Frontage Feet: 557
- Street/Road Desc.: Asphalt
- Potential Use: Single Family, Special Use
- Zoning: SINGL
- Lot Description: Wooded
Financial Considerations
- Tax Amount: $13,978.22
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 31344010030000
Listed by Baird & Warner
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Schools
Schools serving 22851 Farm Trace Dr
School Districts:Matteson Esd 162, Rich Township High School District 227
Rating | Name | Grades | Distance |
---|---|---|---|
Richton Square School
22700 Richton Square Rd, Richton Park, IL 60471 | PK-K | 0.3 mi | |
4435 S Churchill Dr, Richton Park, IL 60471 | 4-6 | 0.9 mi | |
21245 Main St, Matteson, IL 60443 | K-3 | 2.1 mi | |
3718 213th Pl, Matteson, IL 60443 | 7-8 | 2 mi | |
3600 W 203rd St, Olympia Flds, IL 60461 | 9-12 | 3.4 mi | |
210 Illinois St Ste 1, Park Forest, IL 60466 | K-8 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22851 Farm Trace Dr
Date
Details
Price
Change
Source
1/11/2025
Listed
$319,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 22851 Farm Trace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$17,193
—
$37,897
—
2021
$17,224
9%
$37,897
—
2020
$15,830
24%
$37,897
25%
2019
$12,758
—
$30,317
—
2018
$12,806
3%
$30,317
—
2017
$12,389
—
$30,317
—
2016
$12,388
1%
$30,317
—
2015
$12,286
2%
$30,317
—
2014
$12,031
10%
$30,317
—
2013
$10,975
5%
$30,317
—
2012
$10,427
—
$30,317
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 22851 Farm Trace Dr
22851 Farm Trace Drive, Richton Park, IL 60471 (MLS# 12266611) is a Lots/Land property with a lot size of 6.97 acres. 22851 Farm Trace Drive is currently listed for $319,999 and was received on January 11, 2025. Want to learn more about 22851 Farm Trace Drive? Do you have questions about finding other Lots/Land real estate for sale in Richton Park? You can browse all Richton Park real estate or contact a Coldwell Banker agent to request more information.