2
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$499,900
Est. payment /mo
5 Acres Lot
Active Under Contract
0 N US HIGHWAY 12 Volo, IL 60020
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UPDATED:
10/01/2024 01:59 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 11993930
Annual Tax Amount $23,684
Tax Year 2023
Lot Size 5.000 Acres
Lot Dimensions 589 X 370 APPX
Property Description
5 acre stoplight corner on Route 12 ready for development. High and dry with no wetland or floodplain. 584 feet of highway frontage with traffic count of 23,300 (see Additional Documents). City water is available on the west side of Rt. 12 at the storage buildings south of the property and there is a sewer lift station on the east side of Rt. 12 a bit north of the intersection if needed. Minimal water uses may use septic. The Village of Volo is easy to work with and anxious to see this parcel developed. Seller will put buyer in contact with an engineer who can coordinate a fill & compaction operation that will make good money for the next owner and level the property for further development. Dimensions and size are estimated. The original 42 acre parcel was divided in November, 2022 so a new address will be assigned shortly. 2022 tax bill was for 42 acres. Lot split was recorded in November, 2022. 2023 assessed value was based on the list price at the beginning of that year. 2024 assessed value will be considerably lower than 2023 due to reduction of list price.
Location
State IL
County Lake
Zoning AGRIC
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site, Gas Nearby, Water Nearby
View Y/N true
Schools
High Schools Grant Community High School
School District 15, 15, 124
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Lescher • RE/MAX Showcase
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