Rare 1.66-acre (potentially dividable) wooded infill opportunity in Addison. This unique parcel offers a blend of mature trees and open space in an established residential setting along Fullerton Avenue. The property presents a distinctive opportunity for buyers seeking a site with potential for a variety of residential and community-oriented uses, subject to buyer due diligence and all required approvals. Preliminary discussions with Village planning staff identified independent senior living, group home, daycare, and other community-serving uses as concepts that may warrant further exploration. Buyers are encouraged to verify zoning requirements, permitted uses, utility availability, and development potential. A particularly attractive feature of the property is its proximity to Lake Manor Park and the Lake Manor Nature Center. Opportunity to create a nature-connected development adjacent to Lake Manor Park and the Lake Manor Nature Center. Future development concepts may wish to explore opportunities to complement or connect with the area's existing natural amenities and trail system, subject to all applicable approvals. Whether envisioned as a residential development, educational campus, senior-oriented community, nonprofit facility, or other compatible use, this rare wooded parcel offers a unique opportunity in a highly developed suburban market where sites of this size and character are increasingly difficult to find.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Lots And Land | $224,900 | RE/MAX 10 in the Park |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $6,784 |
Elementary School Lake Park Elementary School | 0.3 miles away | 01 - 05 | |
Elementary School Army Trail Elementary School | 0.8 miles away | 01 - 05 | |
Elementary School Fullerton Elementary School | 0.8 miles away | 01 - 05 |