$499,900 $2,684 est/mo Sourced by Back At You

0 N Us Highway 12,Volo, IL 60020

Volo IL, 60020

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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.

Details

MLS#11993930
Listing TypeFor Sale
StyleLand
Sub-TypeResale
StatusActive Under Contract
Days On Site139
Listing Provided ByRE/MAX Showcase | Michael Lescher
Buying Commision2.5%-$49

Features

ZoningAGRIC
Acreage5.00

Market Activity 60020

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Learn More About This Property

StateIL
CountyLake
CityVolo
Zip Code60020
AreaVolo
School DistrictGrant Community High School
Elementary School15
Middle School15
High SchoolGrant Community High School
Listing VS Median (in 60020)
Price:
$499,900
low | high
Med:
$220,000
100% of Average
On Site:
139
low | high
Med:
0.000000
Sourced by Back At You
Listing Updated: May 21, 2024 at 10:14:30 PM PDT