10851 167th Street

ORLAND PARK, IL 60467

$1,350,000

MLS# 09728285


Description

10.72 Acres Zoned R4 "Single Family Residence District", According To The 2013 Comprehensive Land Use Map The Village of Orland Park Indicates That Residential Development of The Site Is Legally Permissible after annexation*property is located within a Zone X flood hazard area, zone x is an area of minimal flooding! Improvements to The Site Include a 2 Story Single Family Residence That Should Be Torn Down And Is Considered To Be Of No Contributory Value To The Overall Property* Access To This Property Would Be Off 167th St On The North & on The South Through Fawn Ridge & Sterling Ridge Subdivisions, Scarlet Drive Dead Ends At The Rear of This Property *Don't Miss Out On This Great Opportunity!!
Listed:
08/22/17
Price Per Sq Ft
$2.89

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Listing Office: RE/MAX Synergy

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Orland Park

Orland Park  is a prominent south suburban community known for its outdoor activities, as well as shopping and food establishments. It is located 25 miles southwest of downtown Chicago and was named “45th Best Place to Live in America” by Money Magazine. Orland Park has an array of parks, restaurants and live entertainment venues that all serve to keep community life active.     

Orland Park

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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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