North Us Highway 12, Volo, IL

$499,900

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5.00

Acres

About North Us Highway 12

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.

Features of North Us Highway 12

MLS® # 11993930
Price $499,900
Bathrooms 0.00
Acres 5.00
Type Land
Sub-Type Land
Status Contingent

Community Information

Address North Us Highway 12
Area Volo
City Volo
County Lake
State IL
Zip Code 60020

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District 124
High Grant Community High School

Additional Information

Days on Market 72
Zoning AGRIC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Showcase

Listing Map

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