0 N US HIGHWAY 12
VOLO, IL 60020

$499,900

N/A Acres

AGRIC Zone

Status Active Under Contract

MLS# 11993930

5 acre stoplight corner on Route 12 ready for development. High and dry with no wetland or floodplain. 584 feet of highway frontage with traffic count of 23,300 (see Additional Documents). City water is available on the west side of Rt. 12 at the storage buildings south of the property 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 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. The original 42 acre parcel was divided in November, 2022 so a new address will be assigned shortly. 2022 tax bill was for 42 acres. Lot split was recorded in November, 2022. 2023 assessed value was based on the list price at the beginning of that year. 2024 assessed value will be considerably lower than 2023 due to reduction of list price.

Details for 0 N US HIGHWAY 12

Built in 0

0 parking spaces

111 Days on website

5 acres lot

Interior

Laundry Features

None

Building And Construction

Property Sub Type

Land

Property Type

Land

Exterior And Lot

Lot Size Acres

Lot Size Square Feet

217800

Zoning

AGRIC

Area And Schools

City

Volo

County Or Parish

Lake

High School

Grant Community High School

School District

124

Financial Info

Buyer Agency Compensation^*

2.5%-$495

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$23,684

Tax Year

2023

Additional Info

Mls Status

Contingent

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX Showcase, 847-596-6100

Updated

3:35am UTC- 6/20/2024

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