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$895,000
Est. payment /mo
2.5 Baths
4.34 Acres Lot
UPDATED:
08/17/2024 08:28 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11764727
Style Ranch
Full Baths 2
Half Baths 1
Annual Tax Amount $9,830
Tax Year 2023
Lot Size 4.340 Acres
Lot Dimensions 235X621X448X600
Property Description
Signalized Commercial Corner with Multi Family Potential 4.34 Acres at signalized intersection with great traffic counts of over 25,000 vehicles per day, zoned B-3 in Volo. Property contains house and barn currently rented short term for $2,550/mo. Approximate frontage is 235' on Route 12 and 621' on Molidor Road. Volo is looking for retail and possibly multi-family (see concept plan) on this prime corner. 24 Acre site across from this property is under contract for a multi-family development. Price depends on use: $8 psf for commercial corner and $12,000 per unit for multi-family. Broker is related to seller.
Location
State IL
County Lake
Zoning COMMR
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Central Air
Fireplaces Number 1
Fireplace Y
Exterior
Parking Features Attached
Utilities Available Electric to Site, Gas to Site, Septic-Private, Well Private
View Y/N true
Building
Story 1 Story
Structure Type Brick
Schools
School District 38, 38, 124
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.
Listed by Bruce Kaplan • Premier Commercial Realty
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