12915 Parrish Ave

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30699785
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Other
Status: Pending/Contingent
Gross Land Area: 61.41 Acres
Sale Price: $3,000,000
Unit Price: $48,851 Per Acre
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/6/2021

Overview / Comments

Irregularly shaped site with a rolling topography, two ponds and partially wooded
This building has served as the Lourdes Friary for the past 80 years
Site is suitable for a residential development with possible uses in hospitality or rehab facility
Located on Parrish Ave. situated between 129th and 133rd Aves.
Near Cedar Lake's main commercial corridor with easy access to Wicker Ave. (US-41) and IN-231
Municipal utilities located nearby
Area demand for single family housing remains strong due to proximity to Illinois and a desirable school system

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-15-22-301-002.000-014

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,794 24,376 59,906
Median Age: 37.48 38.49 39.51
Households: 989 8,881 21,254

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