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0 N Us Highway 12

Volo, IL 60020
  • $499,900
  • STATUS: Active Under Contract
  • ON SITE: 285 Days
  • MLS #: 11993930
Under Contract
$499,900
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

School District:
15

Description

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-12-12T00:03:19.123 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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0 N Us Highway 12 Volo, IL 60020

  • Price: $499,900
  • Status: Active Under Contract
  • On Site: 285 Days
  • MLS #: 11993930
0
Beds
0
Baths
0
½ Baths
5
Acres
Neighborhood:
Lake
County:
Lake
Area:
Lake
High School:
Grant Community High School
School District:
15
Property Description
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.
Exterior Features

Frontage Type County RoadUS Highway Land Rolling Rural Lot Size 5.0-5.99 Acres Parking Total 0 Road Surface Type Asphalt Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Laundry Features None

Property Features

Additional Parcels YN No Building On Land No Contingency Other Contingency Continue To Show Yes Corporate Limits Volo Current Use Other Farm No General Information None Location CornerMixed Use AreaIn City LimitsHigh Traffic Area Mls Actual Status Contingent Ownership Fee Simple Ownership Types Individual Possible Use CommercialCondominiumIndustrialLiquor LicenseOtherOffice and ResearchDevelopmentRecreationalMulti-FamilyRetailZoning Change Required Rental Price 0 Special Listing Conditions None Tax Annual Amount 23684 Tax Year 2023 Township Grant Type Land Utilities Electric to SiteGas NearbyWater Nearby Zoning AGRIC

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX Showcase: 847-596-6100.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-12-12T00:03:19.123 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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