Deer Creek Estates Multi-Family Development Site
| Status: | Active |
| County: | Will |
| Township: | Wilmington |
| Address: | Hawk Trail Wilmington IL 60481 |
| Gross Land Area: | 14 Total Acres |
| Hectare Conversion | |
| Property Type: | Vacant farmland with Preliminary Plat |
| Possible Uses: | Multi-Family Residential Development |
| Total Investment: | Investment Amount is $360,000.00 |
| Monetary Conversion | |
| Unit Price: | $5,000 per platted unit |
| Productivity Index (PI): | PI Index is 132.6 |
| Buildings: | No Buildings |
| Utilities: | Utilities are at the site |
| Zoning: | R-4 zoning for Multi-Family lots |
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
72 Platted Multi-Family units in Phase II of Deer Creek Estates has a total of 14 acres. PUD zoned R-4 with 18 four unit buildings (72 units) There are additional platted 71 single family lots in the PUD. Easy access to I-55 at River road, I-57 to the east and I-80 to the north. Sewer & water utilities available from the City of Wilmington. .+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | Deer Creek Estates Multi-Family Development Site | |
| Tax ID Number/APN: | 03-17-24-302-006-0000 Section 24 Wilmington Township, Will County. | |
| Possible Uses: | Phase II of Deer Creek Estates. With 72 Multi-family units, zoned R-4 | |
| Zoning: | Property is currently zoned R-4 in the City of Wilmington. | |
| Sale Terms: | Sellers are looking for a cash sale, but all offers will be considered. | |
Area & Location |
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| School District: | Wilmington School District 209U | |
| Location Description: | Only 3.5 miles to Interstate I-55 access at River road. Next to United States Cold Storage facility in Wilmington. Near the Ridge Port Logistic's Center, Center Point Inter-modal in Elwood and the UP Inter-modal in Joliet. | |
| Site Description: | Level farmland with residential to the west and south. Drainage ditch cuts through the farm with ComEd power line along the north side of the property. | |
| Side of Street: | Approximately 125 feet of frontage on E. Kankakee River Drive. Access through Hawk Trail and Deer Creek Dr in the Deer Creek Subdivision. |
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| Highway Access: | Only 3.5 miles to I-55 at River road. I-57 at Peotone is approximately 17 miles east. I-80 is approximately 14 miles north on Rt. 53. Rt. 53 is just half a mile east. | |
| Largest Nearby Street: | Illinois Rt. 53. | |
Land Related |
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| Buildings: | No buildings | |
| Zoning Description: | R-4 allows multi-family homes. | |
| Flood Plain or Wetlands: | There are some acres considered flood plain. | |
| Topography: | Flat | |
| Available Utilities: | Sewer and water available from the city of Wilmington. | |
Financials |
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| Finance Data Year: | 2016 Tax year | |
| Real Estate Taxes: | Taxes paid in 2017 for the 47 acres are $1,171 or $24.91 per acre. | |
| Investment Amount: | The investment amount for this farm is $5,000 per unit for a total investment of $360,000.00 | |
Location |
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| Address: | 516-518 E. Kankakee River Drive, Wilmington, IL Latitude 41.3201956 Longitude -88.14206600 |
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| County: | Will County Illinois | |
| MSA: | Chicago - Joliet | |
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.