5-ac Rt 31

Richmond, IL 60071

$349,900
Price
240,886 / 5.53
Lot Size / Acres

Description

This 5 acre parcel is at the signalized intersection of Route 31 and Route 12. It is annexed to Richmond Illinois and zoned General Business. Sewer and water are at the North property line. Presently having 2 incomes: Billboard Company and a Landscape company. Net operating income is $9,000 per year. Just west of this parcel is 1000 acres planned for residential. This location would be Perfict for a gas station and strip center retail. Great investment land.This 5 acre parcel is at the signalized intersection of Route 31 and Route 12. It is annexed to Richmond Illinois and zoned General Business. Sewer and water are at the North property line. Presently having 2 incomes: Billboard Company and a Landscape company. Net operating income is $9,000 per year. Just west of this parcel is 1000 acres planned for residential. This location would be Perfict for a gas station and strip center retail. Great investment land.
  1. Listed by Thomas Jurs • Hometown Realty, Ltd.

Property Details for 5-ac Rt 31

Area
Richmond
Township
Richmond
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
COMMR

Location

Listing Courtesy of Hometown Realty, Ltd.
LISTING UPDATED: 03/18/2024 06:43 PM

Property Details for 5-ac Rt 31

StatusActive
MLS #11459560
Days on Market627
Taxes$2,595 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size5.53 AC
CountyMcHenry

Location

Listing Courtesy of Hometown Realty, Ltd.

Building Information for 5-ac Rt 31

Lot Size5.53 AC

Payment Calculator

$2,126 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$216

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5-ac Rt 31

General Information
School Information
  • Elementary School District: 157
  • Elementary School: Richmond-Burton Community High S
  • Jr High Middle School: Richmond-Burton Community High S
  • High School District: 157
  • High School: Richmond-Burton Community High S
  • Middle Or Junior School District: 157
Location and General Information
  • Frontage Length: 1476
  • Frontage Type: State Road
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Utilities: Electric to Site, Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Lot Size: 5.0-5.99 Acres
  • Lot Dimensions: 139 X 1476
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Possible Use: Commercial, Development, Retail
  • Public Document Count: 0
  • Photos Count: 3
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Location: Corner
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 5-ac Rt 31

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5-ac Rt 31 is a 5.53 ac of land for sale in Richmond, IL 60071. This property was listed for sale on July 9, 2022 by Hometown Realty, Ltd., it's currently listed at $349,900. It has been on the market for a total of 627 days and was last sold on May 31, 2022. 5-ac Rt 31 is a 0-bed, 0-bath, 5.53 ac of land on a 240,886 sq. ft. / 5.53 acres lot.

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 Hometown Realty, Ltd.

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.