2466 Formosa Road

Glen Carbon, IL 62034

$310,500
Last Sold Price
435,600 / 10
Lot Size / Acres

Description

21 +/- acres at $34,000 per acre. Will consider dividing into 5 or 10 acre parcels, pricing will vary depending on location. Logistically located for ample interstate access. 850' frontage along Formosa Road and 1050' frontage along Bouse Road. Currently zoned agricultural, commercial light industrial potential. Surrounded by multi-use, light industry, commercial, residential and multi-family. Ground is located in the County. Rezoning will be responsibility of buyer and will need to be approved by...21 +/- acres at $34,000 per acre. Will consider dividing into 5 or 10 acre parcels, pricing will vary depending on location. Logistically located for ample interstate access. 850' frontage along Formosa Road and 1050' frontage along Bouse Road. Currently zoned agricultural, commercial light industrial potential. Surrounded by multi-use, light industry, commercial, residential and multi-family. Ground is located in the County. Rezoning will be responsibility of buyer and will need to be approved by the City of Troy and Madison County. Access to all utilities. Sewer and Water available at the property. Utility Diagrams are in photos. Gas line runs along property side of Formosa Road. SW Electric available along north side of Bouse Road and overhead on east side of property along Formosa Road. Buyer is responsible for verifying and accepting utilities prior to closing. Agent Owned
  1. Listed by Christi Berg • Gori Realtors, LLC

Property Details for 2466 Formosa Road

Waterfront
No
Zoning
agricultural
Cross Street
Bouse Road

Location

Listing Courtesy of Gori Realtors, LLC

Sold By Gori Realtors, LLC

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LISTING UPDATED: 09/28/2023 10:13 AM

Property Details for 2466 Formosa Road

StatusClosed
MLS #21088137
Days on Market586
Taxes$808 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm / Acreage & Farms
Year Built-
Lot Size10.00 AC
CountyMadison County IL

Location

Listing Courtesy of Gori Realtors, LLC

Sold By Gori Realtors, LLC

Add your commute

Building Information for 2466 Formosa Road

Lot Size10.00 AC

Payment Calculator

$1,762 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,695

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2466 Formosa Road

Summary
Location and General Information
  • City: Troy
  • County Or Parish: Madison-IL
  • Directions: Easy access from I-55, I-270 and I-70 to north on Formosa Road. Property is at the corner of Bouse Road 1050' frontage, and Formosa Road 850' frontage.
  • Latitude: 38.746035
  • Longitude: -89.915853
  • Postal Code: 62294
  • State Or Province: IL
  • Sub division Name: Not in a subdivision
  • Topography: Crop
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Prop Asses City Tax: 0
  • Parcel Number: 10-1-16-31-00-000-013
  • Tax Annual Amount: $808.00
  • Tax Legal Description: 10-1-16-31-00-000-013
  • Tax Year: 2018
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
School Information
  • Elementary School: TRIAD DIST 2
  • High School: Triad
  • High School District: Triad DIST 2
  • Middle Or Junior School: TRIAD DIST 2
Property
Lot Information
  • Lot Features: Backs to Open Grnd
  • Lot Size Acres: 10.0
  • Lot Size Source: County Records
  • Lot Size Square Feet: 435600.0
  • Tillable Acreage: 21.00
  • Possible Use: Commercial
  • Property Sub Type: Acreage & Farms
  • Property Type: Farm
  • Wooded Area: 0.0
Property and Assessments
  • Current Use: Row Crops
  • Documents Available: Other
  • Documents Count: 0
  • Photos Count: 12
  • Videos Count: 0
  • Disclosures: Unknown,Agent Owned
  • Ownership Type: Private
Utilities
  • Sewer: Other
  • Utilities: None
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Pasture Area: 0.0
  • Road Frontage Type: City Street, County Road
  • Road Surface Type: Concrete
  • Pool Private: No
Interior Features
  • Levels: None
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 0
  • Fireplace: No
  • Heating YN: No
  • Main and Upper Bathrooms: 0
Room Information
Bedrooms
  • Main and Upper Beds: 0
Multi Family
Multi-Family Information
  • TYPE: Acreage Urban,Agricultural Land,Commercial Potential

Property History for 2466 Formosa Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2466 Formosa Road

Taxable ValueLand$13,530Additions-Total$13,530
Tax Record2022$1,020 ($85 / month)
Home Facts
Lot Size909,097 SqFtStyleMiscellaneous AgriculturalCountyMADISONAPN10-1-16-31-00-000-013

Schools near 2466 Formosa Road

This home is within Triad Community Unit School District 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Silver Creek Elementary School
PublicPK to 5

Triad Middle School
Public6 to 8

Triad 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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Listing Courtesy of Gori Realtors, LLC

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association 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 MARIS, Bagnell Dam Association 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.