20 Ac Wilmington Residential Development Land
| Status: | Active |
| County: | Will |
| Township: | Florence |
| Address: | 20840 W. Peotone Rd Wilmington IL 60481 |
| Gross Land Area: | 20 Acres |
| Hectare Conversion | |
| Property Type: | Vacant farmland with Development Potential |
| Possible Uses: | Residential Development |
| Total Investment: | $300,000 |
| Monetary Conversion | |
| Unit Price: | $15,000 per Acre |
| Productivity Index (PI): | PI Index is 132 |
| Buildings: | No Buildings |
| Utilities: | At site |
| Zoning: | R-1 Residential Single Family |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
Price REDUCED on this excellent development site. Farmland pricing with development potential. 20 acres with residential development potential. Zoned R-1 Single Family in the City of Wilmington. Excellent road frontage with utilities at the site. Near the corner of Rt. 53 and Wilmington - Peotone road. The 20 acres is on the east side of Waters Edge Subdivision. Additional finished lots on the north side of the 20 acres. Potential payout when County highway expansion happens. Near future Illiana access points.
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Property Notes
Property Map
Listing Details
General Information |
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| Listing Name: | 20 Acre Wilmington Residential Development Land | |
| Tax ID Number/APN: | 09-18-17-400-004-0000 | |
| Possible Uses: | Residential Development | |
| Zoning: | R-1 Single Family | |
Area & Location |
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| School District: | Wilmington School District 209U | |
| Location Description: | Great road frontage and exposure to good traffic counts. Next to ski lake subdivision. | |
| Site Description: | Flat level farmland next to existing subdivision. | |
| Side of Street: | North side of Wilmington - Peotone Road | |
| Highway Access: | Easy access to: I-55 only 5 miles west I-57 only 15.75 miles east to Peotone I-80 only 15 miles north to Joliet Rt. 53 only half a mile west |
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| Road Type: | County blacktop road | |
| Legal Description: | Sellers own to the center of Wilmington-Peotone road. Future road expansion will need to purchase property from this parcel owner. | |
| Property Visibility: | Excellent visibility with traffic counts of 5100 on W. Peotone road and 8450 on Rt. 53. | |
| Largest Nearby Street: | Rt 53 | |
Land Related |
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| Lot Frontage (Feet): | 658 Feet for frontage on W. Peotone road. | |
| Tillable Acres: | 18.7 tillable acres according to the Will-Cook Farm Service Agency. | |
| Lot Depth: | Approximately 1300 feet deep | |
| Buildings: | No buildings | |
| Zoning Description: | Single Family with the City of Wilmington. | |
| Flood Plain or Wetlands: | None known | |
| Topography: | Flat | |
| FSA Data: | Farmland 19.41 Acres Cropland 18.07 Acres Corn base 15.2 Acres PLC Yield 114 Wheat base .94 Acres PLC Yield 54 |
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| Soil Type: | Dunham silty clay loam (523A) PI of 132 | |
| Available Utilities: | Sewer and water are available from the City of Wilmington. Utilities are at the site. | |
Financials |
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| Finance Data Year: | 2016 Taxes paid in 2017 | |
| Real Estate Taxes: | Real estate taxes are $433.00 or $21.65 per acre. | |
| Investment Amount: | Sellers are asking $15,000 per acre for a total investment of $300,000. | |
Location |
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| Address: | Wilmington-Peotone Road Wilmington, IL 60481 |
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| County: | Will County Illinois | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.