Land for sale
$850,000 - Montgomery IL 60538Details
- Price: $850,000
- :
Overview
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. For more details and to contact: https://realtyww.info/land-lots_montgomery-d523296/for-sale_i69000462Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-11, Viewed 0 times.
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