Volo, IL 60041,000 ROUTE 12

$2,000,000

$3,500,000

42.9%
Est.Price: ?

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Est. payment /mo

24.2 Acres Lot


SOLD DATE : 09/03/2024

Key Details

Sold Price $2,000,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11762912

Sold Date 09/03/24

Annual Tax Amount $813

Tax Year 2021

Lot Size 24.200 Acres

Lot Dimensions 1553X1273

Property Description

24.2 ACRES AT SIGNALIZED INTERSECTION: Prime commercial and multi-family land at signalized intersection with great traffic counts. Volo desires retail or mixed use with retail focus on the corners. Concept plan for 171 townhome and row home units would require PUD. Priced at $12000 per unit. Commercial corners priced at $8 psf. Just north of the site features Home Depot, Jewel/Osco, Menards. Approximately 1 mile north of Woodman's. Property currently being farmed. Broker related to seller. Price reduced to $3.32 psf but depends on use.

Location

State IL

County Lake

Zoning COMMR

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

View Y/N true

Schools

School District 38, 38, 124

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Bruce Kaplan • Premier Commercial Realty
Bought with Larry Dickstein • Land Partners, LLC
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