5ac Rt 31 Richmond, IL 60071
Estimated payment $2,085/month
About This Lot
This 5 acre parcel is at the signalized intersection of Route 31 and Route 12. It is annexed to Richmond Illinois and zoned General Business. Sewer and water are at the North property line. Presently having 2 incomes: Billboard Company and a Landscape company. Net operating income is $9,000 per year. Just west of this parcel is 1000 acres planned for residential. This location would be Perfict for a gas station and strip center retail. Great investment land.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,595
Lot Details
- 5.53 Acre Lot
- Lot Dimensions are 139 x 1476
- Property fronts a state road
- Corner Lot
- Property is zoned COMMR
Schools
- Richmond-Burton Community High Elementary And Middle School
- Richmond-Burton Community High School
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2022 07/09/22 | For Sale | $349,900 | +75.0% | -- | |
| 05/31/2022 05/31/22 | Sold | $200,000 | -33.3% | -- | View Prior Sale |
| 04/04/2022 04/04/22 | Pending | -- | -- | -- | |
| 03/18/2022 03/18/22 | For Sale | $300,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 11459560
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.