251 Sherman Avenue, Montgomery (60538)
$850,000
0 
0
581,961
PROPERTY DETAILS
| Address: |
view address Montgomery, IL 60538 Map Location |
Features: | Air Conditioning |
|---|---|---|---|
| Square Feet: | 581,961 sq.ft. | Lot Size: | 13.36 acres |
| Year Built: | 2000 | Property Type: | Land |
| County: | Kane | List Date: | 2024-02-27 |
| Listing Number: | 11990877 | Listed By: | @properties Christie's International Real Estate |
PROPERTY DESCRIPTION
INVESTORS and BUILDERS - 13+ primes acres. Current zoning of R-1 could allow for roughly 30 lots for SFH development. Sellers attorney is in discussions with city for re-zoning consideration for multi family or assisted living facility. Prospective buyers do your due diligence. Note that Inlay lot currently brings in roughly $2500/month in rental income from primary residence along with rental of garage and barn (this is well under market value), creating an outstanding buy and hold opportunity. North frontage is 409.72' on Sherman Ave, east is 1370.60', south is 426.31' on Montgomery Road and west is 1483.61'. Note that water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. DO NOT DISTURB TENANTS. APPOINTMENT REQUIRED.
Contact Agent
Interior
| Air Conditioning: | Yes | Central Air: | Yes |
| Natural Gas Heat: | Yes |
Property and Lot Details
| Frontage: | 409.70 | Lot Acres: | 13.36 |
| Lot Dimension: | 409.72 X 1370.60 X 426.3 X 1483.61 | Lot On Municipal Road: | Yes |
| Lot Zoned: | SINGL | Sewer: | Yes |
| Taxes: | 21,310.04 | Transaction Type: | Sale |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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