DOUBLE LOT DEVELOPMENT OPPORTUNITY ~ A rare shovel-ready double lot development opportunity in one of Arlington Heights' most sought-after neighborhoods, offering expansive buildable FARs and unmatched potential for luxury single-family homes. ~ This prime site is located in the top-rated Hersey High School district, a 2024 Blue Ribbon recipient, surrounded… Read More by upscale homes selling for 1.6 million and higher. ~ The combined 27,000+ sq. ft. property includes two generously sized lots: Lot #1 (Corner) spans 15,000+ sq. ft. with an approved buildable FAR of 6,000+ sq. ft. Lot #2 (Interior) spans 11,000+ sq. ft. with an approved buildable FAR of 5,000+ sq. ft. ~ The premium corner lot offers exceptional design flexibility, allowing for side-entry, rear-load, front-facing, detached, or even two-story garage configurations to suit the buyer's vision. ~ The existing home on the site is a tear-down, making way for two fully custom new construction homes. ~ This site allows developers to create prestigious, high-end homes tailored to discerning buyers. All preliminary approvals are in place, and home designs can be customized by buyers and reviewed by the Village of Arlington Heights. Located near the Metra station for easy access to downtown and close to parks, shopping, and dining, this thriving area commands high demand for new construction homes. The seller is an Illinois-licensed Realtor. Read Less
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