$599,999

4+ acre parcel at the NW corner of Deerfield Rd & Hoffman Rd. Keep as one existing parcel for one home or subdivide and split into two! R2 zoning. The property is a combination of wetlands and woodlands, but not within a flood zone. Please note: this parcel does fall within the potential Deerfield Rd expansion, and if exercised, the village may acquire 0.365 acres. Regardless, remaining acreage would still be within regulations to subdivide if desired. Per Village of Riverwoods: An area suitable for construction of a home may be established, subject to a review of the condition of the woodlands on site. The Village will work with a prospective buyer(s) to construct a zoning and building code compliant home. The property is located within the R-2 zoning district which requires a minimum of 80,000 square feet of land, a minimum frontage of 150 feet, and a minimum average width of 150 feet per lot. Based on our understanding of the lot area that will be left over after the Deerfield Road taking, the existing conditions are suitable for a sub-division into two buildable lots. Parcel minimums: 80,000 square foot lot. Minimum yard dimensions: Front yard = 60 feet. Side yards = 40 feet. Rear yard = 50 feet. Home size is restricted by the setbacks noted above and the minimum floor areas noted herein: One-story dwellings shall have a total habitable ground floor area of not less than 1,350 square feet. Dwellings having more than one story shall have not less than 900 square feet of habitable ground floor area nor less than 1,500 square feet of total habitable floor area. That said, the maximum floor areas are also subject to limitation based on a review of the existing woodlands that must be protected.