Thank you
Michael Lescher
RE/MAX Showcase
847-596-6100
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.
Lot Dimensions: 589 X 370 APPX
Lot Acres: 5
Lot Size: 5.0-5.99 Acres
Property Type: Land
Sub Type: Land
Original List Price: $499900
Annual Tax: $1134.2
Tax Year: 2021
Parcel Number: 05341000340000
Tax Exemption: None
Senior High School: Grant Community High School
Electric to Site, Gas Nearby, Water Nearby
City: Volo
Direction: Southwest corner of Route 12 and West Sullivan Lake Rd.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1545 Prescott Drive, Volo, IL,60020 | $59,000 | -- | -- | -- | 0.21 Acre |
1520 Prescott Drive, Volo, IL,60020 | $44,000 | -- | -- | -- | 0.21 Acre |
27419 W Molidor Road, Volo, IL,60020 | $895,000 | 3 | 3 | -- | 4.34 Acres |
1235 Remington Drive, Volo, IL,60020 | $215,000 | 2 | 3 | 1,380 | -- |
179 Annelise Lane, Volo, IL,60020 | $530,000 | 4 | 4 | 4,020 | 0.1928 Acre |
1386 Remington Drive #1.., Volo, IL,60020 | $225,000 | 2 | 2 | 1,256 | -- |
109 Terra Springs Drive, Volo, IL,60020 | $245,000 | 2 | 2 | 1,182 | -- |
1833 Alta Drive, Volo, IL,60020 | $339,000 | 3 | 2 | 1,380 | 0.13 Acre |
115 Chesterton Drive, Volo, IL,60020 | $469,900 | 5 | 3 | 3,034 | -- |
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Based on information submitted to the MLS GRID as of 04/30/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/30/2024 @ 18:20
MLS: MRED #11993930
LISTED BY: Michael Lescher, RE/MAX Showcase
SOURCE: Midwest Real Estate Data LLC (MRED)
Buyer Agency Compensation: 2.5%-$495
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.