|Catylist Listing ID:
Hospitality, Office, Retail, Retail-Pad
|Gross Land Area:
||$183,089 Per Acre
||Cash to Seller
Overview / Comments
3.14 Acres of Elevated Acreage in a premier location in the Village of Cherry Valley. Property is comprised of (5) individual Parcels making up over 3 acres. Currently a duplex on the lot providing rental income, however the duplex can be raised or removed. Land has well/septic, however the Village is indicating Water and Sewer connection in 2019. Close to Cherry Vale Mall, brand new retail development coming soon! IDOT is proposing Multi-Million-dollar clover leaf renovations in the future. Extremely high traffic count and location absolutely perfect for a Hotel/Motel. Currently zoned R3 however the village will be open to rezoning when water and sewer is in the area.
||1235403025, 12-35-403-011, 12-35-452-001, 12-35-452-002, 12-35-452-003
||IRR TR BEGN ON ELY LN LOT 11 BLK 4 CHERRY CREST additional to follow
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