3.36 Ac New Lenox Development 12 Finished Lots
| Status: | Sold |
| County: | Will |
| Township: | New Lenox |
| Address: | West Spencer Road (NE corner of Spencer and Nelson Rd. New Lenox IL 60451 |
| Gross Land Area: | 3.36 Total Acres |
| Hectare Conversion | |
| Property Type: | Finished Lots of Development Site |
| Possible Uses: | Residential potential |
| Total Investment: | $864,000 for 12 finished SF Lots |
| Monetary Conversion | |
| Unit Price: | $72,000 per finished SF Lot |
| Sold Price: | $65,000 per lot |
| Productivity Index (PI): | PI Index is 125.7 |
| Buildings: | No Buildings |
| Utilities: | Utilities are at the site |
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
Sylvan Meadows is a 40 Acre development site in the desirable community of New Lenox. There are 12 finished lots and an additional 34 acres platted for 79 single family lots. This property is in an excellent school district, is near Shopping, Expressways and a Metra train station. Frontage on four roads, Nelson, Illinois Highway, Gear Dr. and Woodland rd.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 3.36 Acre New Lenox Development Site 12 Finished Lots (Sylvan Meadows) | |
| Tax ID Number/APN: | There are twelve pin numbers, one for each platted lot | |
| Possible Uses: | This is a platted annexed and zoned subdivision called Sylvan Meadows. 12 finished lots ready for construction. | |
| Zoning: | R-2A by the village of New Lenox. Minimum lot with is 84 feet 2000 SF minimum 2-story home 1800 SF minimum ranch home |
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Area & Location |
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| School District: | New Lenox Grade School District 122 Lincoln-Way Community High School District 210 |
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| Market Type: | Suburban market, see tapestry segmentation for New Lenox proper and the three mile radius of the site. | |
| Location Description: | New Lenox is suburban village in Will County, IL. It is the "Home of Proud Americans" The development site is just south of Rt. 30 which is the main thoroughfare thought town. Access to I-80, shopping and Metra. | |
| Site Description: | Level farmland with roads on four sides, Woodlawn, Nelson, Gear Drive and Illinois Highway (Old Spencer Rd). | |
| Side of Street: | Northeast corner of Illinois Highway and Nelson Rd. | |
| Highway Access: | Only 1.8 miles Northwest to I-80 at the Rt. 30 access ramp. | |
| Road Type: | Asphalt roads on all four sides. | |
| Property Visibility: | Excellent corner parcel with visibility from four roads. | |
| Largest Nearby Street: | Rt. 30 is only 1.5 miles north. | |
| Transportation: | Metra station at Cedar road is only 1.8 miles northeast of the site. I-80 highway access is only 1.8 miles north. I-355 is approximately 4 miles north. | |
Land Related |
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| Lot Frontage (Feet): | 1080 feet on Woodlawn Rd (frontage for 12 finished lots) | |
| Buildings: | No buildings | |
| Zoning Description: | R-2A is single family residential in the village of New Lenox. Minimum platted lot width is 84 feet. 2000 SF minimum 2-story home 1800 SF minimum ranch home |
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| Available Utilities: | All utilities are available by the village of New Lenox. | |
Financials |
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| Finance Data Year: | The 2017 taxes paid in 2018. | |
| Real Estate Taxes: | Each platted lot is $130.56 for a total of $1,566.72 | |
| Investment Amount: | Finished lots are offered as a package deal at $72,000 each for a total of $864,000. |
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Location |
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| Address: | W. Illinois Highway NW corner of W. Illinois Highway and Nelson road. |
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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.