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Listing provided courtesy of Hometown Realty, Ltd.MREDas Distributed by MLSGrid- MLS# 11459560MLS Provider

5ac Rt 31Richmond, IL 60071

Vacant Land · 5.53 Acres
$349,900 Active

5ac Rt 31 Overview

Time on Site:
1451 days
Visits:
13

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.

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5ac Rt 31 Facts & Features

  • Type Vacant Land
  • Lot 5.53 Acres

Details

General

School Information

  • School District: 157
  • Elementary School: Richmond-Burton Community High S
  • Middle Or Junior School: Richmond-Burton Community High S
  • High School: Richmond-Burton Community High S

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Richmond
  • Township: Richmond

Tax Information

  • Tax Annual Amount: $2,594.98
  • Tax Year: 2022

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0421300020
  • Possible Use: Commercial,Development,Retail
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 1476
  • Frontage Type: State Road
  • Lot Size Acres: 5.53
  • Lot Size Dimensions: 139 X 1476
  • Road Surface Type: Asphalt
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Sewer Connected

5ac Rt 31 Neighborhood

Community

60071 (RICHMOND) Demographics

46
Median Age
138
Population Density (per sq. mile)
37%
College Educated
$60,566
Estimated Median Income
1,056
Estimated Total Home Owners
565
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5ac Rt 31 Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5ac Rt 31 Market Data

Based on the last 30 days in this zip code

$560,070
Average List Price
$198
Average Price per Square Foot
3
Properties Sold
95
Average Days on Market
10
Properties for Sale
Calculations provided by Reliance Network

5ac Rt 31 History

Date Event Value Agent
7/29/2022Source: MRED Status Change
Active
7/9/2022Source: MRED Added to Database
July 09, 2022
6/20/2022Source: MRED Added to Database
March 18, 2022
6/1/2022Source: MRED Status Change
Closed
4/4/2022Source: MRED Status Change
Pending
3/23/2022Source: MRED Status Change
Active