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137 Acres Lot
$ 4,811,800
Est. payment | /mo
137 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12337789
Annual Tax Amount $5,428
Tax Year 2023
Lot Size 137.000 Acres
Lot Dimensions 3404
Property Sub-Type Land
Property Description
Only a quarter mile to downtown Yorkville. This property is 137 acres combining three parcels: 28 acres, 50 acres, and 59 acres. The 50 acre parcel has been platted, but will need to be updated to meet current zoning and engineering standards. The site is zoned R-1 Single Family Suburban Residential District. Maximum density is approximately 2.42 units per acre. A PUD is recommended by the City of Yorkville to develop a plan for this parcel. The parcel is just west of Rt. 47 near downtown Yorkville on the south side of W. Fox road. With a highly-rated school district, quick access to many local shopping destinations and amenities, and a development-motivated municipality, this property is perfect for a single-family residential neighborhood development. The 2023 Year in Review report for the United City of Yorkville, IL shows the substantial increase of building permits reaching an all-time high. Yorkville, IL, is an ideal location for development due to its strategic positioning at the intersection of major transportation routes, offering easy access to the Chicago metropolitan area while maintaining a charming, small-town atmosphere. The city has seen significant growth in recent years, driven by a supportive local government, affordable land, and a strong sense of community. With excellent schools, expanding infrastructure, and a commitment to sustainable growth, Yorkville provides a balanced environment that attracts businesses, families, and investors alike, making it a promising hub for future development.
Location
State IL
County Kendall
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available None
View Y/N true
Schools
School District 115, 115, 115
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Mark Goodwin • Goodwin & Associates Real Estate LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States