Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12445394MLS Provider

223 E 56th StreetWestmont, IL 60559

Vacant Land · 2.40 Acres
$649,000 Active

223 E 56th Street Overview

Time on Site:
320 days
Visits:
14

Expansive 2.5-Acre Property in Prime Westmont Location - Hinsdale Central Schools. Just blocks from vibrant downtown Westmont and within the sought-after Hinsdale schools, this exceptional 2.5-acre property, measuring 165 feet by 629 feet, offers an unmatched blend of space, location, and opportunity. City ordinances and zoning approvals are already in place to subdivide into either three buildable lots at 55 feet wide each or two lots at 82.5 feet wide each, with the minimum lot size in Westmont being 50 feet by 125 feet. For subdivisions of four or more lots, city approval for a street or driveway easement and county approval to convert the rear 100 feet from wetland to a retention pond would be required, unlocking even greater development potential. This expansive parcel also presents the perfect setting for a grand private estate, custom luxury residence, or personal oasis. With its rare size, prime location near shops, dining, Metra, and top-rated schools, this is a once-in-a-lifetime opportunity to create something extraordinary in one of the area's most desirable communities. Public, city/lake, Michigan water and sewer access. Value is in the land - existing structure will need demolition.

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223 E 56th Street Facts & Features

  • Type Vacant Land
  • Lot 2.40 Acres

Details

General

School Information

  • School District: 86
  • Elementary School: Holmes Elementary School
  • Middle Or Junior School: Westview Hills Middle School
  • High School: Hinsdale Central High School

Business Information

  • Current Use: Estate,Residential,Single Family

Location/Region

  • County Or Parish: DuPage
  • MLS Area Major: Westmont
  • Township: Downers Grove

Tax Information

  • Tax Annual Amount: $15,321.00
  • Tax Year: 2022

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0915108002
  • Possible Use: Estate,Development,Residential,Single Family,Special Use
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: Cellar
  • Laundry Features: In Unit

Exterior

Parking Information

  • Parking Features: Asphalt
  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 165
  • Frontage Type: City Street,County Road,Frontage Road,Private Road,Public Road,Outer Road Access
  • Lot Size Acres: 2.4
  • Lot Size Dimensions: 165X629
  • Road Surface Type: Asphalt,Concrete
  • Water Source: Community Water, Municipal Water, Well

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Septic Tank, Storm Sewer
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Nearby,Water Available

223 E 56th Street Neighborhood

Community

60559 (Westmont) Demographics

40
Median Age
4,962
Population Density (per sq. mile)
55%
College Educated
$73,492
Estimated Median Income
5,741
Estimated Total Home Owners
4,453
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

223 E 56th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

223 E 56th Street Market Data

Based on the last 30 days in this zip code

$457,268
Average List Price
$283
Average Price per Square Foot
24
Properties Sold
30
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

223 E 56th Street History

Date Event Value Agent
6/6/2026Source: MRED Status Change
Active
6/1/2026Source: MRED Price Reduction
$649,000 -7.2%
6/1/2026Source: MRED Status Change
Price Change
8/18/2025Source: MRED Status Change
Active
8/13/2025Source: MRED Added to Database
August 13, 2025