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$ 1,400,000
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40 Acres Lot
$ 1,400,000
Est. payment | /mo
40 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12116133
Annual Tax Amount $1,800
Tax Year 2023
Lot Size 40.000 Acres
Lot Dimensions 1320 X 1320
Property Description
FOR SALE- on Woolley Road, in the NWQ Section 24 of Oswego Township, Kendall County. This parcel is in Oswego's proposed planning District 4 and while it is not currently within the village limits, it is within its 1.5 mile jurisdictional area and with existing municipal boundary agreements in place with neighboring communities, it is a future neighborhood of Oswego. The 2015 Oswego plan projects capacity for this region's population growth to expand to 60,000 by 2040. Major national builders like D.R. Horton, M/I Homes, and Lennar are beginning to recognize this potential and have nearby active neighborhoods under construction along the Wolf's Crossing corridor. Currently, a 160-acre parcel at the intersection of Wolf's Crossing and Rt. 30 was presented at a July planning meeting, seeking approval for residential and commercial uses including apartments, thus joining the growth trends along with the above builders/developers. The subject 40-acre parcel is level with Woolley Road, mostly in ag crops with some areas either in tree lines and small wood patches, or just idle. The parcel has 1,320+/- feet of frontage on Woolley Road. There is a current farm lease for 2024, and renews annually. Note: The parcel number of 03-24-300-001 combines this parcel along with 160-acres on the south side of Woolley Road. The subject parcel's taxes are estimated based on a similar parcel, just south and along Stewart Road. The 160-acres is not for sale and the subject parcel will be split off with a new pin number. Do not enter the farmette area or disturb the tenant. Showings are by appointment only. Call exclusive listing agents Mark or Christine for more information.
Location
State IL
County Kendall
Area Oswego
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby, Gas Nearby
Building
Dwelling Type Land
Schools
School District 308 , 308, 308
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mark Coleman • Coleman Land Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "