$850,000

Prime Development Opportunity - Corner Lot at Oakton & Oxford | Des Plaines, IL | High vehiles count per day. Unlock the full potential of this high-visibility corner parcel located at 1596 Oxford Rd., Des Plaines, IL 60018, at the intersection of E Oakton Street and Oxford Road. Offering approximately 0.69 acres of land with lot dimensions 143FT x 223FT, this site is ideal for various use: commercial, retail, service or residential development in one of Des Plaines' most strategic and growing areas. Key Highlights: Corner Location with exceptional exposure and traffic volume Zoned residential with potential for PUD future multifamily use - ideal for townhomes, apartments, condos, commercial/retail & service. Zoning change required for the purchaser desire. Public water and sewer available to site. Existing structure: Updated two-story home with two separate rental units (fully remodeled in 2019) - producing immediate rental income while you plan redevelopment Lot Size: ~30,000+ SF / ~0.69 Acres Strategically Positioned: Moments from downtown Des Plaines, Metra, shopping, schools, and parks Close proximity to O'Hare Airport and major highways Growing demand in surrounding residential areas makes this a lucrative build opportunity Whether you're a builder, developer, or investor, this site offers flexibility and value-from short-term rental income to long-term multifamily construction potential. Contact Listing Broker for additional site details, zoning potential, and conceptual development support.