155 Acres Gore Road

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29941793
Property Subtypes: Agricultural, Industrial, Multi-Family, Office, Residential (Single Family), Self Storage
Status: Pending
Gross Land Area: 155 Acres
Sale Price: $2,480,000
Unit Price: $16,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2018

Overview / Comments

155 Acres with excellent frontage along I-80 in Morris. 26,000 vehicles pass by this site everyday. Easy access to Route 47 and I-80, near shopping and the Richie Brothers Auction facility. Great property to buyand hold for long term appreciation or develop now. Utilities available to the site from the city of Morris. Strong demographics. Industrial developments are in this area. Route 47 is being widened to four lanes for easier north-south traffic movement. Very good farmland with a PI of 128.

Attachments & Media

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Grundy
Property Located Between: Rt. 47 and Ashton Rd.
Property Visibility: Excellent
Largest Nearby Street: Route 47 is 1.5 miles east
Feet of Frontage: 2,851
Traffic/Vehicle Count: 26,000
Highway Access: Approximately 1.5 miles to the I-80 and Route 47 interchange
Site Description: Currently level farmland with a house, garage barn, and grain storage
Area Description: Excellent location with exposure to I-80 and approximately 26,000 VPD. The site is at the SE corner of Ashton and Gore Road. The 155 acres is adjacent to the Richie Brothers Auction facility. Easy access to I-80 and Route 47 interchange.
Lot Frontage: 2581 feet on Gore Road, 2601 feet on Ashton Road, 2492 feet on I-80
Zoning Description: Currently zoned Agriculture with significant multi-use potential
Development Name: 155 Acres Gore Road
Topography: Level

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,324 13,151 17,593
Median Age: 36.1 38.28 38.99
Households: 820 5,342 6,922
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