325 Acre University Park Farms
| Status: | Sold |
| County: | Will |
| Township: | Monee |
| Address: | University Parkway University Park IL 60484 |
| Gross Land Area: | 325 Acres (140 Acre Bate Farm and 185 Acre Mall Farm) |
| Hectare Conversion | |
| Property Type: | Vacant Farm Land with Development potential |
| Possible Uses: | Agricultural Production/Future Development |
| Productivity Index (PI): | 113.5 |
| Buildings: | There are no buildings on these parcels |
| Utilities: | Electric, Aqua Illinois provides sewer and water. |
| Zoning: | Agricultural and Residential |
For more information contact:
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Douglas W. Deininger, ALC 1-815-439-9245 1-815-439-9245 doug@deininger-land.com |
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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 325 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 Video
Property Map
Listing Details
General Information |
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| Listing Name: | 325 Acre University Park Farms | |
| Tax ID Number/APN: | See individual brochures for tax ID#'s. | |
| Possible Uses: | Agriculture with future development potential. | |
| Zoning: | R-1 Residential and Agricultural | |
| Sale Terms: | 325 acres is the total when combining two separate owners. Each owner will negotiate their own sale terms. | |
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 325 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, on the east of south Steger Monee Road and north of Hamilton 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 and on the east side of South Steger/Monee Road which has 3500 cars per day. | |
| Largest Nearby Street: | Steger Monee road is on the west side of the parcel 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): | 4,783 Feet of frontage on South Steger-Monee Rd (County Rd 48) 1,620 Feet of frontage on University Parkway (not all contiguous) 2,565 Feet of frontage on Hamilton Rd. (not all contiguous) |
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| Tillable Acres: | 259 of the 325 acres are tillable. | |
| Lot Depth: | The parcel is irregularly shaped. | |
| Buildings: | This property is free of buildings. | |
| Zoning Description: | 503.4.1 District R-1 and R-1A (Single-Family Detached): 1.One story and split level type shall contain two thousand (2,000) square feet. 2.One story, raised ranch main floor shall contain two thousand (2,000) square feet. 3.Two story shall contain two thousand six hundred (2,600) square feet with a minimum of one thousand four hundred (1,400) square feet of said floor area to be on the first floor. |
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| Flood Plain or Wetlands: | This property does have approximately 3 acres of wetlands, but is free of any FEMA Designations. Please see the Wetlands Map and the FEMA Report in the Brochure for further information. | |
| Topography: | The 325 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: | 258.34 combined cropland acres See individual brochures (140 & 185 Acre) for additional FSA Data |
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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: | For the 2019 taxes paid in 2020 | |
| Real Estate Taxes: | Total Tax bill for all 325 acres was $13,149 or $40.45 per acre. | |
| Investment Amount: | All 325 acres are being offered at $7,000 per acre for a total investment of $2,275,000. | |
Location |
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| Address: | Steger/Monee Road University Park, IL 60484 |
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| County: | Will County | |
| 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