5.34 Acres of Land for Sale in Oak Forest, IL

An exceptional development opportunity at 6301 147th Street in Oak Forest, ideally located just west of Gaelic Park and directly adjacent to the Forest Preserve, offering unobstructed access to scenic hiking and biking trails. This premier site uniquely blends natural beauty, lifestyle appeal, and strong municipal support. The property benefits from a conditional use and exception development agreement already in place with the Village of Oak Forest. Following a recent meeting with Village officials, the Village has reaffirmed its strong support for residential or townhome development at this location. The current working site plan contemplates approximately 57 townhomes, while the Village remains open and receptive to reviewing alternative development concepts. Extensive due diligence materials are available for serious and qualified buyers. An architect is available to assist with design concepts and future development questions. With established groundwork, a cooperative municipality, and a highly desirable setting surrounded by nature and recreation, this site presents a rare and compelling investment opportunity. The Village is eager to work collaboratively with developers to bring this site to completion.