$300,000
$480,000
37.5%For more information regarding the value of a property, please contact us for a free consultation.
1901 173 HWY Spring Grove, IL 60081
28.7 Acres Lot
Key Details
Sold Price $300,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11418787
Sold Date 12/29/22
Annual Tax Amount $105
Tax Year 2020
Lot Size 28.700 Acres
Lot Dimensions 1725 X 766
Property Description
PRICE REDUCED! Attention Investors!! Over 28.7+/- acres for sale within the Village of Spring Grove. This uniquely positioned property is Zoned B-2 General Business District and offers 1,725 feet of frontage on well-traveled Illinois Route 173 and is about 750 feet deep. With subdivisions positioned immediately north and others to the west and south, area residents must drive west to Richmond or south to Illinois Route 12 for retail businesses and services making this location a highly visible and convenient site for future commercial development. A wide variety of agricultural, commercial, public and quasi-governmental or special use designations are permitted under the B-2 General Business District. There's potential for rezoning all or part of the property for multi-family or to provide commercial on the corner and housing on the remainder. This location would be ideal for a quiet estate home at a rock bottom price. Or, go green while generating income and clean energy by leasing a portion of this property for solar power. This beautiful tract of land consists of a variety of mature timber with an extensive trail system, that would also serve as an investment property to hold onto for future development. The location, affordability, and unlimited possibilities of this property make it a truly special opportunity!
Location
State IL
County Mc Henry
Area Spring Grove
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Septic System Required, Well-Required
Schools
High Schools Richmond-Burton Community High S
School District 2 , 2, 157
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Mark Leonard • Whitetail Properties Real Estate, LLC
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