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Listed by Thomas Cummingsof Keller Williams Preferred Rlty
$ 6,750,000
Est. payment | /mo
133.5 Acres Lot
$ 6,750,000
Est. payment | /mo
133.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12338924
Annual Tax Amount $1,800
Tax Year 2023
Lot Size 133.500 Acres
Lot Dimensions 1504X2656X1950X1200X1345X316X767X632
Property Sub-Type Land
Property Description
Developers and Investors this shovel ready land is ready to go! The property formerly known as the Fifth Third Bank Trust No. 1495 encompassed 181.65 acres before the development agreement between the Village of Beecher, Beecher School District 200U and Fieldgate Development was recorded. The Village and the School District have purchased 20 acres on this site to build a new Middle School and Town park. The development acreage given preliminary plat approval contains 133.5 acres; the densities of this development have been established within the development agreement and if this property is purchased the buyers would also be purchasing the agreement. Since the recording of that agreement the density configuration has been modified and approved by the Trustees of the Village of Beecher and the School Board of District 200U. The final approval of this project consists of R-1 (199 homes) and R-3 (183 Town homes) for a total of 382 Units. This is providing pertinent information for the project. For additional information please go to documents.
Location
State IL
County Will
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
View Y/N true
Building
Water Community Water
Schools
School District 200U, 200U, 200U
Others
Ownership Fee Simple
Special Listing Condition None
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States