$632,995
$1,000,000
36.7%For more information regarding the value of a property, please contact us for a free consultation.
32800 N US HIGHWAY 12 - Lot B Volo, IL 60041
38 Acres Lot
Key Details
Sold Price $632,995
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11234635
Sold Date 11/28/22
Annual Tax Amount $13,441
Tax Year 2020
Lot Size 38.000 Acres
Lot Dimensions 1,396 X 1,169 & 66 X 584
Property Description
38 acres +/- adjacent to the stoplight corner parcel on Route 12 ready for development (4 acre corner available too). High and dry with minimal wetland and no floodplain. 1,396 feet of highway frontage (traffic count 23,300) with 66' for access off West Sullivan Lake Rd. City water is available on the west side of Rt. 12 at the property to the south 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 farm is leased for $3,200 annually. That lease expires in the Spring. Currently farm tenant is using a portion of the land to accept soil from the Fox Waterway Agency and spread it out to dry. Call Listing Agent for more info on this. 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. 2020 taxes include 49 additional acres, 11 of which have been split off. 2021 assessed value for this 4 acres and the adjacent 38 acres is 8.6% of 2020 value. 2021 taxes for this parcel will be less than $1,000.
Location
State IL
County Lake
Area Volo
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas Nearby, Sanitary Sewer, Water Nearby
Schools
High Schools Grant Community High School
School District 15 , 15, 124
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Nancy Taylor • Berkshire Hathaway HomeServices Chicago
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