17 Acre Cedar Road Farm
| Status: | Sold |
| County: | Will |
| Township: | New Lenox Township |
| Address: | 2400 N. Cedar Road New Lenox IL 60451 |
| Gross Land Area: | 17 Acres |
| Hectare Conversion | |
| Property Type: | Vacant Farm Land with Development potential |
| Total Investment: | $850,000.00 |
| Monetary Conversion | |
| Unit Price: | $48,022 per Acre |
| Productivity Index (PI): | 113.7 |
| Buildings: | Old house of no value. |
| Utilities: | Well & Septic |
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
The 17.7 acre parcel, is slightly hilly and has a soil PI of 113.7, but has not been farmed in 20 plus years. This parcel is on Cedar road just off of I-355. This is a prime location for development. Located in New Lenox there are plenty of shops, restaurants and a great school system.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 17 Acre Cedar Road Farm | |
| Tax ID Number/APN: | 15-08-03-300-006-0000 | |
| Possible Uses: | Recreation and future development | |
| Zoning: | The parcel is not zoned. The Comprehensive plan for New Lenox suggests single family or Mixes Use type development. | |
Area & Location |
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| School District: | New Lenox School District 102 Lincoln Way Community High School District 210 |
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| Location Description: | This property is located off of Maple road at Cedar road .4 miles from the I-355 interchange. | |
| Site Description: | This is a slightly hilly lot with a soil PI of 113.7 and great potential for development. The property has not been farmed in 20 years. | |
| Side of Street: | The 17.7 acre parcel sits on the east side of Cedar road just south of Maple road (Rt 6) | |
| Highway Access: | I-355 is located .4 miles to the west of this 17.7 acre parcel. | |
| Road Type: | The road that this 17.7 acre parcel is on is asphalt blacktop construction. | |
| Property Visibility: | 12,300 cars pass by this location daily. | |
| Largest Nearby Street: | Rt 6 (Maple Road) is located less than .15 miles to the north. | |
Land Related |
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| Lot Frontage (Feet): | This 17.7 acre parcel is 655 feet from north to south along Cedar Road. | |
| Lot Depth: | The 17.7 acre parcel is 1061 feet from west to east. | |
| Buildings: | No buildings | |
| Flood Plain or Wetlands: | This parcel is clear of Wetlands and FEMA Flood zones. | |
| Topography: | The property is slightly hilly. More detail can be found in the brochure on the Contours, Topography and Hillshade maps. | |
| Soil Type: | Markham Silt Loam (531C2) Ashkum Silty Clay Loam (232A) Markham Silt Loam (531D2) |
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| Available Utilities: | Water is at the corner of Cedar and Rt. 6. Sewer is currently economically unavailable. New Lenox is open to other waste management systems to develop this parcel. | |
Financials |
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| Finance Data Year: | 2020 taxes paid in 2021 | |
| Real Estate Taxes: | $5400.04 in taxes was paid in 2021 or $305.09 per acre. | |
| Investment Amount: | The asking price for this prime development property is $40,000 per acre for a total investment of $680,000.00 | |
Location |
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| Address: | 2400 N. Cedar New Lenox, IL 60451 |
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| County: | Will | |
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.