NOT LISTED FOR SALE

1901 173 Hwy Spring Grove, IL 60081

29 Acres
-- Price per Acre
1,250,172 Sq Ft Lot

Last Sold December 29, 2022

Last sale price $300,000

187 Days on Market

About This Lot

As of December 2022

PRICE REDUCED! Attention Investors!! Over 28.7+/- acres for sale within the Village of Spring Grove. This uniquely positioned property is Zoned B-2 General Business District and offers 1,725 feet of frontage on well-traveled Illinois Route 173 and is about 750 feet deep. With subdivisions positioned immediately north and others to the west and south, area residents must drive west to Richmond or south to Illinois Route 12 for retail businesses and services making this location a highly visible and convenient site for future commercial development. A wide variety of agricultural, commercial, public and quasi-governmental or special use designations are permitted under the B-2 General Business District. There's potential for rezoning all or part of the property for multi-family or to provide commercial on the corner and housing on the remainder. This location would be ideal for a quiet estate home at a rock bottom price. Or, go green while generating income and clean energy by leasing a portion of this property for solar power. This beautiful tract of land consists of a variety of mature timber with an extensive trail system, that would also serve as an investment property to hold onto for future development. The location, affordability, and unlimited possibilities of this property make it a truly special opportunity!

Last Agent to Sell the Property

Mark Leonard

Whitetail Properties Real Estate, LLC License #475198727 Listed on: 05/29/2022

Whitetail Properties Real Estate, LLC

Last Buyer's Agent

Mark Leonard

Whitetail Properties Real Estate, LLC License #475198727 Listed on: 05/29/2022

Whitetail Properties Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $106

Lot Details

  • 28.7 Acre Lot
  • Lot Dimensions are 1725 x 766
  • Property fronts a state road

Schools

  • Richmond-Burton Community High School

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$106

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 1725
  • Frontage Type: State Road
  • List Price: 480000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Septic System Required, Well-Required

Schools

  • High School: Richmond-Burton Community High S
  • Middle/Junior School District: 2

Lot Info

  • Lot Size Acres: 28.7
  • Lot Dimensions: 1725 X 766
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 105.74
  • Tax Year: 2020

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $300,000 -37.5% --
12/03/2022 12/03/22 Pending -- -- --
11/22/2022 11/22/22 Price Changed $480,000 -3.8% --
07/09/2022 07/09/22 Price Changed $499,000 -2.2% --
05/29/2022 05/29/22 For Sale $510,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11418787

Midwest Real Estate Data (MRED)