Excellent opportunity for developers or investors! Situated on 2.81 acres in unincorporated Addison, IL, this unique property offers prime potential for a multi-family housing development through annexation with the Village of Addison. "Just minutes from the I-355 exits, this location benefits from a combined daily traffic count of approximately 43,400 vehicles (per IDOT data)." For those who prefer to preserve the history, the existing farmhouse-originally built in 1865-offers over 4,000 sq. ft. of living space, featuring 5 bedrooms, 3 baths, and a basement with a solid foundation, making it a great candidate for renovation. Additional highlights include a horse barn with 5 stalls, fenced pasture, and multiple outbuildings. Here you'll find the perfect balance of peaceful, country-style living with convenient access to all that Addison has to offer. For more details on development options, please contact the listing broker.