Roselle Road & I-390

Roselle, Illinois 60172

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Description

The Village of Roselle is seeking Statements of Interest from individuals or firms for ownership and development of a 6.5-acre Village owned site.  The subject property is located on Roselle Road, immediately south of I-390 in Cook County.  It is estimated that 3.1 acres are buildable.  

The availability of vacant land adjacent to the Roselle Road/I-390 interchange provides a rare and unique opportunity.    The property is located within the Roselle-Nerge TIF District established in 2015.  The site also lies within the western access corridor to O’Hare International Airport which will provide a direct link to the transportation network serving the facility.  The Village is seeking future development that will enhance the North Roselle Road Corridor and be perceived as adding value to the community.     

Details regarding the property may be found in the attached documents.

Property Details

Street Address: 1828 S Roselle Road


City: Roselle


County: Cook County


Zip Code: 60172


Latitude/Longitude: 41.9934, -88.0811


Type of space: Vacant Land


Min Size: 6.50 acres


Max Size: 6.50 acres


Last Updated: 11/23/2021

Availability

For Sale:

Yes


Sale Terms:

Negotiable, subject to development agreement

Site Details

Contiguous Acres Available for Development:

0.43 acres


Current Use:

Vacant


Parcel:

Multiple


Total Acres:

6.50 acres


Property Description:

The total size of the site is approximately 6.5 acres.  This acreage includes platted lots as well as street right-of-way intended to be vacated and conveyed for development. It is estimated that of the 6.5 acres, approximately3.1 acres are buildable.

The property presently includes remnants of stock-piled material that originated from the excavation of the adjoining Heathergreen Subdivision Retention Pond.  Disposition of the material will be the responsibility of the prospective developer.   

It should be noted that the property surrounds a single-family home on a 0.43-acre parcel located at 510 North Roselle Road (northwest corner of Roselle Road & Arthur Avenue).   Informal discussions with the owner have indicated there may be a willingness to sell their property in conjunction with the development of the Village-owned parcel.  The Village makes no assurances as to a developer’s ability to close a deal on this parcel.

Incentives

Tax Increment Financing Area (TIF):

Yes

Transportation

Nearest Airport:

O'Hare International


Distance to Airport:

14.9 miles


Nearest Interstate:

I-390


Distance to Interstate:

0.1 miles


Nearest Highway:

Roselle Road


Distance to Major Highway:

0.1 miles

Utilities

Electric Service:

Yes


Electric Service Provider:

Com Ed


Natural Gas Service:

Yes


Natural Gas Provider:

Nicor


Sewer Service:

Yes


Sewer Provider:

Village of Roselle


Sewer Line Size:

8 in


Water Service:

Yes


Water Service Provider:

Village of Roselle


Water Line Size:

12 in


Telecom:

Yes


Telecom Provider:

AT&T/Comcast

Other

Zoning:

R1 - Eligible for Commercial

Contacts

Company:

Village of Roselle


Name:

Steve Jones


Phone:

630-671-2815


Mobile Phone:

630-589-9936


Address:

31 South Prospect


City:

Roselle

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