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0000 Walnut St - 54 Acre Single Family Opportunity - Genoa 54 Acres of Commercial Land Offered at $1,400,000 in Genoa, IL 60135
Investment Highlights
- While currently approved for single-family lots, Village may support alternative residential configurations, such as some townhomes, or smaller lots.
- Short drive to Dekalb, Sycamore and I-90
- Perfect mix of small-town charm and modern convenience.
- Low fees make it perfect for development.
Executive Summary
Presenting a rare development in the thriving Genoa-Kingston community. Key highlights include: 120 single-family lots with preliminary plan approval; Potential for re-planning to accommodate townhomes, duplexes or smaller-lot, single-family homes (subject to municipal approvals); Located within the highly regarded Genoa Kingston School District; Sewer and water to the site; Strong demand for both entry-level and middle-market housing.
Property Facts
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 54.00 AC |
| Price Per AC | $25,925.93 |
| Price | $1,400,000 |
| Price Per AC | $25,925.93 |
| Lot Size | 54.00 AC |
Price Reduced! This 54 acre parcel consists of 120 single-family lotsa with preliminary approval already in place, offering a strong head start for builders or developers looking to expand residential housing in a high-demand area.
Description
South of Route 72
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-25-400-013 | Improvements Assessment | $0 |
| Land Assessment | $20,977 | Total Assessment | $20,977 |
Property Taxes
Parcel Number
02-25-400-013
Land Assessment
$20,977
Improvements Assessment
$0
Total Assessment
$20,977
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0000 Walnut St - 54 Acre Single Family Opportunity - Genoa