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NWC Route 25 and May Lane 8.44 Acres of Residential Land Offered at $880,000 in Saint Charles, IL 60174

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EXECUTIVE SUMMARY

Unincorporated St. Charles (Kane County) acreage prime for infill residential development. Approximately 8.44 acres, subject to survey, at the northwest corner of IL Route 25 and May Lane. Potential division. Please call with your ideas.
There is a barn-like structure at the southeast corner of the land with a driveway to it coming off of May Lane. As-Is condition.
May consider ground lease to permittable zoning use.

ATTACHMENTS

Survey

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER AC
Taxes $9,627 $1,140.64
Operating Expenses - -
Total Expenses $9,627 $1,140.64

FINANCIAL SUMMARY (ACTUAL - 2023)

Taxes
Annual $9,627
Annual Per AC $1,140.64
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $9,627
Annual Per AC $1,140.64

PROPERTY FACTS

Price $880,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Single Family Development
  • Agricultural
  • Agribusiness
  • Single Family Residence
Total Lot Size 8.44 AC
Zoning F - Potential re-zoning options

1 LOT AVAILABLE

Lot 6

Price $880,000
Price Per AC $104,265.40
Lot Size 8.44 AC

Unincorporated St. Charles (Kane County) acreage prime for infill residential development. Approximately 8.44 acres, subject to survey, at the northwest corner of IL Route 25 and May Lane. Potential division. Please call with your ideas.

DESCRIPTION

Raw land. As-Is. Unincorporated St. Charles (Kane County) acreage prime for infill residential development. Approximately 8.44 acres, subject to survey, at the northwest corner of IL Route 25 and May Lane. There is a barn-like structure at the southeast corner of the land with a driveway to it coming off of May Lane. As-Is condition. Forest Preserve, bike path and Fox river all nearby. Adjacent to existing single family homes. Potential division. Please call with your ideas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-10-477-015
Land Assessment
$36,100 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$36,100 (2024)
Annual Taxes
$9,627
Tax Year
2023
  • Listing ID: 32017611

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: NWC Route 25 and May Lane, Saint Charles, IL 60174

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