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William Latham Dr - 4.85 Acres - Multi-family land 4.85 Acres of Residential Land Offered at $299,000 in Bourbonnais, IL 60914

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INVESTMENT HIGHLIGHTS

  • Located in large neighborhood and nearby riverfront.

EXECUTIVE SUMMARY

3 pads multi-family available with up to 10 units per pad, located in beautiful Briarcliff Estates, Bourbonnais. Briarcliff is unique among the surrounding plains with winding streets, mature trees, rolling landscapes, lakes, and walking trails. The BECA Board is working hard to make this the best walking community in Kankakee County.

FINANCIAL SUMMARY (ACTUAL - 2018)

ANNUAL ANNUAL PER AC
Taxes $636 $131.13
Operating Expenses - -
Total Expenses $636 $131.13

FINANCIAL SUMMARY (ACTUAL - 2018)

Taxes
Annual $636
Annual Per AC $131.13
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $636
Annual Per AC $131.13

PROPERTY FACTS

Price $299,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 4.85 AC
Cross Streets Exeter Turn
Zoning R-5

1 LOT AVAILABLE

Lot

Price $299,000
Price Per AC $61,649.48
Lot Size 4.85 AC

3 pads multi-family available with up to 10 units per pad, located in beautiful Briarcliff Estates, Bourbonnais.

DESCRIPTION

Briarcliff Estates is located between Rt. 102 and the beautiful Kankakee River in Bourbonnais, IL and is home to about 800 residences. First developed in the 1970's, Briarcliff has had several additions and features rolling terrain, walking trails and community lakes. The Briarcliff Estates Community Association (BECA) is the homeowners association charged with maintaining the common property of the Briarcliff Community, which includes the Briarcliff, Briar Green, Briar Point, Plum Creek, Tower Ridge, Thornhill, and Brittany Lake developments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-09-19-300-023
Land Assessment
$8,926 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$8,926 (2024)
Annual Taxes
$636
Tax Year
2018 Payable 2019
  • Listing ID: 18589979

  • Date on Market: 2/21/2020

  • Last Updated:

  • Address: William Latham Dr, Bourbonnais, IL 60914

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