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0 N US Highway 12, Volo, IL 60020
$499,900 Contingent
0 N US Highway 12, Volo, IL 60020View this property at 0 N US Highway 12, Volo, IL 60020
0 N US Highway 12VoloIL60020
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Property Description
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.
Full Property Details
Full Property Details for 0 N US Hwy 12
General
- Price: $499,900
- Taxes: $1,134 (2021)
- Status: Contingent
- Type: Lots/Land
- MLS ID: 11993930
- Updated: 4/17/2024
- Added to Site: 59 day(s) ago
Location
- Area: Volo
- County: Lake
- Township: Grant
- Driving Directions: Southwest corner of Route 12 and West Sullivan Lake Rd.
- Location Details: Corner, Mixed-Use Area, In City Limits, High Traffic Area
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 124
- High School: Grant Community High School
- Private School: Grant Community High School
Utilities
- Onsite: Electricity to Site, Gas Nearby, Water Nearby
Structural Information
- Square Feet: 5
- Current Bldg. Use: Other
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 177,700
- Lot Size Range: 5.0 to 5.99 Acres
- Lot Dimensions: 589 x 370 APP x
- Frontage: County Road, US Highway
- Frontage Feet: 584
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Condominium, Industrial, Liquor License, Other, Office and Research, Development, Recreational, Multi-Family, Retail, Zoning Change Required
- Zoning: AGRIC
- Lot Description: Rolling Rural
Financial Considerations
- Tax Amount: $1,134.2
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Aerial Map, Soil Map, Tax Bill, Topographic Maps, Traffic Counts
- Property ID: 5341000340000
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Price & Sales History for 0 N US Hwy 12
Date
Details
Price
Change
Source
3/01/2024
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 N US Hwy 12
0 N US Highway 12, Volo, IL 60020 (MLS# 11993930) is a Lots/Land property with a lot size of 5 acres. 0 N US Highway 12 is currently listed for $499,900 and was received on March 01, 2024. Want to learn more about 0 N US Highway 12? Do you have questions about finding other Lots/Land real estate for sale in Volo? You can browse all Volo real estate or contact a Coldwell Banker agent to request more information.