16
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$750,000
Est. payment /mo
15.54 Acres Lot
Active
0000 Locust Road Morris, IL 60450
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UPDATED:
12/13/2024 05:51 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12222356
Annual Tax Amount $593
Tax Year 2023
Lot Size 15.540 Acres
Lot Dimensions 825X825
Property Description
This 15.54-acre residential development site is located in the Deer Ridge subdivision, Morris, Illinois and minutes from the I-80/Rt 47 interchange. This is a developers/builder's dream scenario. The parcel is the final chapter in this sought after subdivision, offering the chance for quick builds, sales, and closings. The parcel is already designed for approximately 40 single-family residential lots, ensuring a straightforward path to development. A benefit of this parcel is having the necessary utilities conveniently onsite, streamlining the construction process and lowering initial costs. Also, further benefits include entry monuments, green space, retention areas, and a city park already in place saving the next builder significant time and money. This is the ideal setup for builders looking to hit the ground running. Elegant entranceways create a welcoming ambiance for all residents/guests, wide streets with sidewalks on every lot create an easy way for residents to stroll around the subdivision, onsite pond allows for resident fishing, and the neighborhood park creates a place to play and connect with others. The park is walking distance from this parcel and includes a designated walking path, sledding/exercise hill, playground equipment, and 2 baseball fields. As the final phase for Deer Ridge subdivision, this development promises premium living spaces within a well- established and thriving community surrounded by other single-family homes. Residents enjoy easy access to nearby schools, national chain restaurants, shopping, golf, hospital, Walmart, Menards, along with a brand-new YMCA currently being built. Minutes away by car is historic downtown Morris which has a vibrant mix of casual restaurants, small local businesses, bars, salons, upscale dining, bike rental, and places to hear live music. Strategically located along I-80 in the far Southwest suburbs of Chicago, this location is home to many new businesses including the Costco distribution center, the Proctor and Gamble distribution center, along with numerous new national restaurants/shops. This is a rare opportunity for builders to make a significant impact in a growing area with extremely low inventory of new homes for buyers to currently choose from. Previous builder completed closings ahead of their schedule as the demand in Morris for new construction is high. For more information, plans, and viewing arrangements contact us today. This property is waiting for a visionary developer to seize the moment and complete the last phase of this thriving subdivision.
Location
State IL
County Grundy
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
View Y/N true
Schools
Elementary Schools Saratoga Elementary School
Middle Schools Saratoga Elementary School
High Schools Morris Community High School
School District 60C, 60C, 101
Others
Ownership Fee Simple w/ HO Assn.
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Laura Tomsa • Brummel Properties, Inc.
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