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$ 4,293,500
Est. payment /mo
Active Under Contract
5200 Edgewood Road Prairie Grove, IL 60012
276.12 Acres Lot
UPDATED:
10/24/2024 08:48 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 11907087
Annual Tax Amount $11,398
Tax Year 2022
Lot Size 276.120 Acres
Lot Dimensions 2000X7500
Property Description
Major Price Reduction! Seller wants to see offers and will consider dividing! Best of all worlds with this well-located and highly-productive land with excellent future development potential! Great upside and current income on this +/- 276 acres currently used as a sod farm. Includes two 6,000 sq ft pole barns on 7.75-acre lot that can be included and rented for additional income, or divided off. Great- future development potential - adjacent to Illinois American water and sewer and contiguous to Village of Prairie Grove which is open to annexation and rezoning. Current lease can be terminated, or tenant may consider remaining. Ponds and irrigation ditches in place. Adjacent to Union Pacific Railroad. Priced well below recent nearby comparable sales!
Location
State IL
County Mchenry
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water Nearby, Well Private
Waterfront false
View Y/N true
Schools
School District 47, 47, 155
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Daniel Flanagan • Flanagan Realty, LLC.