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The Village of Niles·Illinois

Purchase of Village-Owned Land for Three Rowhouses at 7421 Waukegan Road

Closes 4/1/2026$500k – $2MRequest for Proposal
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Description

The Village of Niles is seeking proposals for the purchase of village-owned land for the development of three rowhouses at 7421 W Waukegan Rd, Niles, IL. The village is looking for a developer to purchase the land and develop the rowhouses. The proposal should include a detailed description of the development plan, including the design and layout of the rowhouses, as well as a timeline for completion. • The developer will be responsible for designing and building the rowhouses. • The developer will be required to comply with all applicable laws and regulations. • The village will provide the land for the development. • The proposal should include a detailed budget and financing plan. • The village reserves the right to reject any and all proposals.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
3/4/2026
Closes
4/1/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
RFP #26-02

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is likely to be in the range of $500,000 to $2 million, depending on the cost of the land and the development of the rowhouses. The village is looking for a developer to purchase the land and develop the rowhouses, so the budget will likely be a one-time payment for the purchase of the land and the completion of the development. The cost of the land and the development will depend on a variety of factors, including the size and complexity of the project, as well as the cost of materials and labor.

AI estimate from the solicitation

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