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  • $300,000

    1901 173rd Hwy, Spring Grove, IL 60081

    --beds
    --baths
    28.7Acres
    Unimproved Land
    Built in ----
    28.7 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,494 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,494/mo

    Zestimate® history
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    What's special

    PRICE REDUCED! Attention Investors!! Over 28.7+/- acres for sale within the Village of Spring Grove. This uniquely positioned property is Zoned B-2 General Business District and offers 1,725 feet of frontage on well-traveled Illinois Route 173 and is about 750 feet deep. With subdivisions positioned immediately north and others to the west and south, area residents must drive west to Richmond or south to Illinois Route 12 for retail businesses and services making this location a highly visible and convenient site for future commercial development. A wide variety of agricultural, commercial, public and quasi-governmental or special use designations are permitted under the B-2 General Business District. There's potential for rezoning all or part of the property for multi-family or to provide commercial on the corner and housing on the remainder. This location would be ideal for a quiet estate home at a rock bottom price. Or, go green while generating income and clean energy by leasing a portion of this property for solar power. This beautiful tract of land consists of a variety of mature timber with an extensive trail system, that would also serve as an investment property to hold onto for future development. The location, affordability, and unlimited possibilities of this property make it a truly special opportunity!

    Zillow last checked: 8 hours ago

    Listing updated: December 30, 2022 at 01:03pm

    Listing courtesy of:

    Mark Leonard 630-746-8468,

    Whitetail Properties Real Estate, LLC

    Bought with:

    Mark Leonard

    Whitetail Properties Real Estate, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11418787MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 1725
    Lot
    • Size: 28.70 Acres
    • Dimensions: 1725 X 766
    Details
    • Parcel number: 0507300003
    • Special conditions: None

    Utilities & green energy

    • Sewer: Septic Needed
    • Water: Well Required
    • Utilities for property: Natural Gas Available

    Community & neighborhood

    Location
    • Region: Spring Grove

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    12/29/2022Sold$300,000-37.5%
    Source: MRED as distributed by MLS GRID #11418787
    12/5/2022Pending sale$480,000
    Source: MRED as distributed by MLS GRID #11418787
    11/22/2022Price change$480,000-3.8%
    Source: MRED as distributed by MLS GRID #11418787
    7/9/2022Price change$499,000-2.2%
    Source: MRED as distributed by MLS GRID #11418787
    5/29/2022Listed for sale$510,000+18.6%
    Source: MRED as distributed by MLS GRID #11418787

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60081

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Richmond-Burton Community High S
    • District: 2

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.