0 North Us Highway 12

Volo, IL 60020

$499,900
Price
217,800 / 5
Lot Size / Acres

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....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.
  1. Listed by Michael Lescher • RE/MAX Showcase

Property Details for 0 North Us Highway 12

Area
Volo
Township
Grant
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
AGRIC

Location

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LISTING UPDATED: 04/19/2024 12:07 PM

Property Details for 0 North Us Highway 12

StatusContingent
MLS #11993930
Days on Market49
Taxes$1,134 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size5.00 AC
CountyLake County

Location

Listing Courtesy of RE/MAX Showcase
Add your commute

Building Information for 0 North Us Highway 12

Lot Size5.00 AC

Payment Calculator

$2,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,728

Property Taxes

$95

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 North Us Highway 12

General Information
School Information
  • Elementary School District: 15
  • High School District: 124
  • High School: Grant Community High School
  • Middle Or Junior School District: 15
Location and General Information
  • Frontage Length: 584
  • Frontage Type: County Road, US Highway
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Description: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Utilities: Electric to Site, Gas Nearby, Water Nearby
Property/Lot Information
  • Lot Size: 5.0-5.99 Acres
  • Lot Dimensions: 589 X 370 APPX
  • Approx Land Sq Footage: 177700
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
  • North Coordinate: 33
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 27
Property and Assessments
  • Possible Use: Commercial, Condominium, Industrial, Liquor License, Other, Office and Research, Development, Recreational, Multi-Family, Retail, Zoning Change Required
  • Documents Available: Aerial Map,Soil Map,Tax Bill,Topographic Maps,Traffic Counts
  • Public Document Count: 1
  • Document Date: 2024-03-01T20:09:28
  • Photos Count: 2
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Other
  • Known Existing Liens: None Known
  • Land Description: Rolling Rural
  • Location: Corner,Mixed Use Area,In City Limits,High Traffic Area
  • Rail Availability: None
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 0 North Us Highway 12

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 North Us Highway 12

This home is within Grant Chsd 124 School District.
Rating
School
Type
Grades
Distance
Public - 9 to 12
Rating
School
Distance
Grant Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Showcase

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.