185 Acre Mall Farm University Park
| Status: | Sold |
| County: | Will |
| Township: | Monee |
| Gross Land Area: | 185 Acres |
| Hectare Conversion | |
| Property Type: | Vacant Farm Land with Development potential |
| Possible Uses: | Agricultural Production/Future Development |
| Total Investment: | $1,297,000.00 |
| Monetary Conversion | |
| Unit Price: | $7000 per acre |
| Sold Price: | $1,112,400.00 |
| Productivity Index (PI): | 113.5 |
| Buildings: | There are no buildings on this farmland |
| Utilities: | Natural Gas and Electric |
For more information contact:
|
Douglas W. Deininger, ALC 1-815-439-9245 1-815-439-9245 doug@deininger-land.com |
|
Goodwin & Associates Real Estate, LLC is an AGENT of the SELLERS. |
Goodwin & Associates Real Estate, LLC 1-815-741-22261-815-741-2226 |
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Property Overview
This 185 acre farm has a soil PI of 113.5 and is zoned R-1. The parcel is located less than 1 mile to the west of University Park, in Monee Township, Will County. The property is northeast Thorn Creek Headwater Preserve, is 1 mile west of Deer Creek Golf Course and 1 mile east of Governors State University.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 185 Acre Mall Farm University Park | |
| Tax ID Number/APN: | 21-14-14-200-003-0000 21-14-14-200-001-0000 21-14-11-400-017-0000 |
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| Possible Uses: | Agriculture and Development | |
| Zoning: | R-1 Residential | |
Area & Location |
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| School District: | Crete-Monee Community Unit School District 201-U Coretta Scott King Magnet School Crete-Monee Middle School Crete-Monee High School |
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| Location Description: | This 185 acre farm has a soil PI of 113.5 and is zoned R-1. The parcel is located less than 1 mile to the west of University Park, in Monee Township, Will County. The property is northeast Thorn Creek Headwater Preserve, is 1 mile west of Deer Creek Golf Course and 1 mile east of Governors State University. | |
| Site Description: | This property is relatively flat with some gently rolling areas. The soil PI is 113.5. | |
| Side of Street: | This parcel sits on the south side of University Parkway just east of south Steger Monee Road | |
| Highway Access: | I-57 is 3.3 miles to the west of the property. I-57 is a direct route to Chicago and both airports. Champaign, IL is south on I 57. | |
| Road Type: | Asphalt blacktop construction | |
| Property Visibility: | The property sits on the south side of University Parkway, which has 8000 cars passing by each day. | |
| Largest Nearby Street: | Steger Monee road is less than .25 miles to the west as well as Cicero Ave which is 2.2 miles to the west. | |
| Transportation: | Public transportation is essential to University Park. The Metra Electric line is located at Governors Highway and University Park. This Metra Electric goes between University Park and Chicago traveling through Matteson, Homewood, and Olympia Fields. The PACE bus runs through University Park. |
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Land Related |
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| Lot Frontage (Feet): | There is 1100 feet of frontage along University Parkway. | |
| Tillable Acres: | 148.11 of the 185 acres are tillable. | |
| Lot Depth: | The parcel is irregularly shaped. The property is 4400 feet deep on the east half of the parcel and 2900 feet on the west. | |
| Buildings: | This property is free of buildings. | |
| Flood Plain or Wetlands: | This property does not have any wetlands or FEMA Designations. Please see the Wetlands Map in the Brochure | |
| Topography: | The 185 acre parcel is relatively flat with some undulations. More information can be found on the Topography, Contour and the Hillshade maps in the brochure. | |
| FSA Data: | 148.11 Cropland Acres Corn base 74.05 PLC Yield 111 bushels per acre. Soybean base 74.06 PLC Yield 36 bushels per acre. |
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| Soil Type: | Beecher Silt Loam (298) Markham Silt Loam (531C2) Ashkum Silty Clay Loam (232A) |
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| Available Utilities: | All utilities are available at or near the property. | |
Financials |
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| Finance Data Year: | 2019 taxes paid in 2020 | |
| Real Estate Taxes: | 21-14-14-200-003-0000 $2438.24 21-14-14-200-001-0000 $1536.96 21-14-11-400-017-0000 $5593.04 A total of $9568.24 was paid in 2020 for the 2019 taxes. |
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| Investment Amount: | An investment of $1,297,000.00 or $7,000.00 per acre. | |
Location |
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| Address: | University Parkway University Park, IL 60484 |
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| County: | Will | |
| MSA: | Chicago - Kankakee | |
DOUGLAS W. DEININGER, ALC PROFESSIONAL BIOGRAPHY
As a member of the Illinois Farm and Land Brokers Chapter of the Realtors Land Institute, he was elected state President in 2000. In 2008 he acquired his Accredited Land Consultant accreditation (ALC) and also the Chapter awarded Mr. Deininger the Land Broker of the year award.
Doug has been a speaker at numerous Farmland Seminars sharing his expertise on farm land values, leasing, and 1031 like kind exchanges.
He has been a licensed farm real estate broker in Illinois for over 30 years. Throughout his career Mr. Deininger has sold or acquired approximately 100 million dollars in farm real estate. He has a genuine interest in finding the best possible solution for his clients.
Douglas W. Deininger, ALC
1-815-439-9245 1-815-439-9245 doug@deininger-land.com
is an AGENT of the SELLERS.
GOODWIN & ASSOCIATES REAL ESTATE, LLC
Goodwin & Associates Real Estate, LLC, LLC was established in 1996 as a land brokerage company. We specialize in farmland sales and marketing. We also offer brokerage services with industrial land, commercial land, residential development land and retail development land.
Goodwin & Associates Real Estate, LLC is based in Will County, but has effectively marketed and brokered properties from Metropolis Illinois to Grayslake Illinois. We are a full-service brokerage company with answers to your questions. In our years of experience, we have helped clients with the purchase and marketing of hundreds of millions of dollars in land investments.
Goodwin & Associates Real Estate, LLC
1-815-741-22261-815-741-2226