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9391 Sherrill Rd - Lisbon 7.04 Acres of Commercial Land Offered at $190,000 in Morris, IL 60450

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Investment Highlights

  • Current Tax Class: 0021 - Farmland 2024 Taxes: $688.56
  • Development Potential Upon securing a traditional variance for the 10-acre minimum area requirement, the property can support several high-value uses.
  • Special Uses (via permit): Asphalt or concrete batch mixing plants (Ready Mix) and associated recycling facilities.
  • Total Acreage: 7.04 Acres
  • Permitted Uses: Surface/open pit mining, extraction, and processing of sand, gravel, and limestone.

Executive Summary

Investment Highlights
Strategic Industrial Zoning
The property is currently zoned M-3 (Aggregate Materials Extraction, Processing, and Site Reclamation District). While it currently operates under a farmland tax classification, it is positioned for high-value industrial operations.
Premium Site Characteristics
Superior Soil Quality: Primary soil is Martinton Silt Loam, offering stable ground suitable for heavy equipment and industrial development.
Ideal Topography: The site is flat with an average elevation of 595 feet, significantly reducing grading costs for future extraction or plant construction.
Minimal Flood Risk: 81% of the property is located in Zone X (Minimal Flood Hazard), allowing for efficient and strategic site planning.
Development Potential
Upon securing a traditional variance for the 10-acre minimum area requirement, the property can support several high-value uses.
Permitted Uses: Surface/open pit mining, extraction, and processing of sand, gravel, and limestone.
Special Uses (via permit): Asphalt or concrete batch mixing plants (Ready Mix) and associated recycling facilities.
The M-3 Zoning
The property is currently zoned M-3, the Aggregate Zoning and Site Analysis Materials Extraction, Processing and Site Reclamation District. However, the property size of 7.04 acres is short of the "greater than ten (10) acres" minimum requirement for this district. This presents an approx. thirty % deficit.
The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

Property Facts

Price $190,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Cement or Gravel Plant
Total Lot Size 7.04 AC
Zoning M-3 - M-3 Zoning Note: The value of the 7.04-acre parcel is critically dependent on successfully obtaining the zoning variance needed to permit M-3 uses.

1 Lot Available

Lot

Price $190,000
Price Per AC $26,988.64
Lot Size 7.04 AC

The primary soil type is Martinton Silt Loam, indicating stable ground for heavy equipment and industrial development. The site is flat with an average elevation of 595ft, which minimizes grading costs for construction or extraction.

Description

Investment Highlights Strategic Industrial Zoning The property is currently zoned M-3 (Aggregate Materials Extraction, Processing, and Site Reclamation District). While it currently operates under a farmland tax classification, it is positioned for high-value industrial operations. Premium Site Characteristics Superior Soil Quality: Primary soil is Martinton Silt Loam, offering stable ground suitable for heavy equipment and industrial development. Ideal Topography: The site is flat with an average elevation of 595 feet, significantly reducing grading costs for future extraction or plant construction. Minimal Flood Risk: 81% of the property is located in Zone X (Minimal Flood Hazard), allowing for efficient and strategic site planning. Development Potential Upon securing a traditional variance for the 10-acre minimum area requirement, the property can support several high-value uses. Permitted Uses: Surface/open pit mining, extraction, and processing of sand, gravel, and limestone. Special Uses (via permit): Asphalt or concrete batch mixing plants (Ready Mix) and associated recycling facilities. The M-3 Zoning The property is currently zoned M-3, the Aggregate Zoning and Site Analysis Materials Extraction, Processing and Site Reclamation District. However, the property size of 7.04 acres is short of the "greater than ten (10) acres" minimum requirement for this district. This presents an approx. thirty % deficit. Development Potential Upon securing a traditional variance for the 10-acre minimum area requirement, the property can support several high-value uses. Permitted Uses: Surface/open pit mining, extraction, and processing of sand, gravel, and limestone. Special Uses (via permit): Asphalt or concrete batch mixing plants (Ready Mix) and associated recycling facilities. The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

Property Taxes

Property Taxes

Parcel Number
08-33-400-002
Land Assessment
$10,644
Improvements Assessment
$0
Total Assessment
$10,644
  • Listing ID: 39094948

  • Date on Market: 1/15/2026

  • Last Updated:

  • Address: 9391 Sherrill Rd, Morris, IL 60450

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