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    251 Sherman Avenue

    Montgomery, IL 60538
    • $950,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 10890281
    UPDATED: 54 min ago
    $950,000
    • 0
      BEDS
    • 13.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    INVESTORS and BUILDERS - Priced to sell! 13 acres for R3 zoning development off of Montgomery Road! Inlay lot currently brings in $2700/month in rental income from both home and rental of garages and barn. Montgomery will permit roughly 32 lots for SFH development. Buy and hold or take advantage of the current market/short supply of housing and build now! 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. PARK IN BACK LOT.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2020-10-29T17:52:22.44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    251 Sherman Avenue Montgomery, IL 60538

    • Price: $950,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 10890281
    0
    Beds
    0
    Baths
    0
    ½ Baths
    13.36
    Acres
    Neighborhood:
    Montgomery
    County:
    Kane
    Area:
    Montgomery
    Property Description
    INVESTORS and BUILDERS - Priced to sell! 13 acres for R3 zoning development off of Montgomery Road! Inlay lot currently brings in $2700/month in rental income from both home and rental of garages and barn. Montgomery will permit roughly 32 lots for SFH development. Buy and hold or take advantage of the current market/short supply of housing and build now! 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. PARK IN BACK LOT.
    Exterior Features

    Buildings On Land Yes Cars 0 Front Footage 409.7 Frontage Access City Street Land Description Dimensions To Center Of RoadWooded Location Park Adjacent Lot Dimensions 409.72 X 1370.60 X 426.3 X 1483.61 Lot Size 10.0-24.99 Acres Rail Availability None Road Surface Asphalt Waterfront YN No

    Interior Features

    Basement Bathrooms YN No

    Property Features

    Additional Sales Information None Agent Owned Interest YN No Backup Package YN No Corporate Limits Montgomery Current Use Estate Elementary Sch Dist 129 Farm No General Information None High Sch Dist 129 Holds Earnest Money Yes Jr High Middle Dist 129 Known Existing Liens None Known Min Req Sq Ft By Covenant One Story 900 Min Req Sq Ft By Covenant Two Story 1200 Other Min Req Sq Ft YN Yes Ownership Fee Simple Ownership Type Individual Possession Closing Potential Use Residential-EstateResidential-Single Family Seller Will Create PaperOther Special Assessments No Special Compensation Info None Special Service Area N Tax Exemptions None Tax Year 2019 Taxes 18971.10 Township Aurora Utilities To Site Electric To SiteSanitary Sewer NearbySewer-Storm AvailableWater-Nearby Zoning Type Singl

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2020-10-29T17:52:22.44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    The Dena Furlow Team - Keller Williams Realty
    608 S. Washington St., Suite 100
    Naperville IL, 60540