6.42 Ac. Multi-Family lot, Genoa, IL

Vacant Land for Sale
Catylist Listing ID: 30224597
Property Subtypes: Multi-Family
Gross Land Area: 6.42 Acres
Sale Price: $275,000
Unit Price: $42,834 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2018

Overview / Comments

6.42 acres concept approved for townhomes in the elite Derby Estates Subdivision, Genoa, IL. This site has potential for retirement and/or assisted living homes. All utilities to site. Located just west of State Hwy 23 and Derby Line Rd. There is a high demand for townhomes in this area.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $111 (Annual)

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: DeKalb
Tax ID/APN: 03-30-400-032, 03-30-400-031
Zoning: SINGLE FAMILY RESIDENTIAL, CONCEPT APPROVED FOR TOWNHOMES
Largest Nearby Street: State Hwy 23
Feet of Frontage: 598
Highway Access: Hwy 23
Site Description: utilities to site, level
Area Description: Genoa is a Main Street Community
Zoning Description: currently single-family, but concept approved for Multi-family
Development Name: Derby Estates Subdivision
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,571 6,712 11,477
Median Age: 34.16 35.83 36.73
Households: 1,145 2,366 4,004

Contact

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