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48.14± AC of land on Coltonville Rd. 48.14 Acres of Residential Land Offered at $1,680,000 in Sycamore, IL 60178
INVESTMENT HIGHLIGHTS
- High density residential potential
- Surrounded by desirable retailers
- Utilities to site
EXECUTIVE SUMMARY
48.14± AC multifamily development site contiguous to Sycamore and right in the path of progress. All utilities are nearby and accessible. Site is currently zoned AG and is designated as multifamily residential in the Sycamore future land use map which specifies a density between six and ten dwellings per acre. Premium location just off of Dekalb Ave (21,535 VPD) with numerous national retailers in immediate vicinity including a brand new Meijer, Portillos, Menards, Farm and Fleet, Culvers etc.
FINANCIAL SUMMARY (ACTUAL - 2021) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$1,866
|
$38.76
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,866
|
$38.76
|
FINANCIAL SUMMARY (ACTUAL - 2021)
| Taxes | |
|---|---|
| Annual | $1,866 |
| Annual Per AC | $38.76 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $1,866 |
| Annual Per AC | $38.76 |
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $1,680,000 | Lot Size | 48.14 AC |
| Price Per AC | $34,898.21 |
| Price | $1,680,000 |
| Price Per AC | $34,898.21 |
| Lot Size | 48.14 AC |
48.14± AC multifamily development site contiguous to Sycamore and right in the path of progress.
1 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $25,909 (2024) | |
| Land Assessment | $25,909 (2024) | Annual Taxes | $1,866 |
| Improvements Assessment | $0 (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$25,909 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$25,909 (2024)
Annual Taxes
$1,866
Tax Year
2021
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48.14± AC of land on Coltonville Rd.
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