Development Site with Potential for 40 Condos
No Longer Available For Sale
400 E. St. Charles Rd.
Lombard, IL 60148
51,906 SF
Land
The Details
- 51,906 SF residential development site (1.19 acres)
- Close to downtown Lombard, Metra station, and Great Western Trail
- Across street from Lombard Commons
- Zoned for 40 residential condos
- 5 story, 57,000 SF building
- Graded and ready for development
- All utilities delivered to site
- Zoning: R4 PD limited general residence
- Taxes (2013): $10,178
Adjacent to the Lombard Commons, this 51,906 square foot development site is located near downtown Lombard. The site can potentially support a 57,000 square foot building with 40 condos similar to the adjacent Oakview Estates. Site improvements have already been made, including paving the future parking lot, creating curb cuts and making all utilities available.
Lombard is a well-established community in the western suburbs of Chicago. As a mature housing market, the long-term demand remains strong due to good schools, large number of parks, and limited room to add additional units.