0 N US HIGHWAY 12, Volo, IL 60020 – 11993930 - Sara Macak

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Sara Macak

saramacak1@gmail.com +1(630) 207-6658

$499,900

Est. payment - /mo

5 Acres Lot

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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

Area Volo

Zoning AGRIC

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electric to Site, Gas Nearby, Water Nearby

Waterfront false

Building

Dwelling Type Land

Schools

High Schools Grant Community High School

School District 15 , 15, 124

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Michael Lescher • RE/MAX Showcase

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Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658