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$ 1,375,000
Est. payment | /mo
1 Bath
59.65 Acres Lot
$ 1,375,000
Est. payment | /mo
1 Bath
59.65 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12170730
Full Baths 1
Annual Tax Amount $4,291
Tax Year 2023
Lot Size 59.650 Acres
Lot Dimensions 59.65
Property Description
Excellent land investment just minutes from the full interchange of I-57 and Stuenkel Rd. Annexed into Frankfort and currently zoned Agricultural this property is reflected on the Comprehensive Plan for the Village of Frankfort as future residential development. The property is situated 1.8 miles west of the full interchange at Stuenkel Rd and I-57 allowing for excellent access to Chicago, Interstate 80 and the southwest suburbs. LaGrange Road (Rt 45) is situated approximately 4.5 miles west of the property and Harlem Avenue is less than a mile east of the property, allowing for easy access to schools, shopping and historic downtown Frankfort. This land opportunity is an excellent strategic purchase for future development opportunities. One single family home exists on the farm and is rented to a long term tenant who would prefer to remain under a lease with a new owner. The tillable land is leased thru 2025 to a local farmer.
Location
State IL
County Will
Area Frankfort
Zoning AGRIC
Rooms
Basement Partial
Interior
Heating Electric
Cooling Window/Wall Units - 2
Fireplace N
Exterior
Utilities Available Electric to Site
Building
Dwelling Type Land
Schools
School District 207U , 207U, 207U
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Listed by Clancy Green • Berkshire Hathaway HomeServices Starck Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "