$510,634

0 No Street Name

Waterloo IL, 62298

Description

Oak Valley Estates has electric and city water to the site. Will not divide as we want to sell it as one tract. There is a year to year agricultural lease that has an exit clause if it needs to be developed sooner than when the crops come out. The original phase of Oak Valley has its own neighborhood wide mound sewer system. The next phase of Oak Valley has been designed to do another similar sewer system. The owner spent about $100,000 designing the next phase of Oak Valley with TWM Surveyors and Engineers and will include the rights to use those design plans with the purchase of the land with a reasonable offer to purchase it. It is not in the flood plain. Owner has paid and installed a $400,000 turn lane on Illinois Route 3. That cost has been incurred and benefits the next phase tremendously.

Details

MLS#20023991
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Year2020
Days On Site225

Features

Story(s)NA
Acreage25.66

Market Activity 62298

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Area Information
StateIL
CountyMonroe-IL
CityWaterloo
Zip Code62298
Community NameWaterloo
School DistrictWaterloo CUSD 5
Elementary SchoolWATERLOO DIST 5
Middle SchoolWATERLOO DIST 5
High SchoolWaterloo
Listing VS Median (in Waterloo)
Price:
$510,634
low | high
Med:
$510,634
50% of Average
On Site:
225
low | high
Med:
225
100% of Average
Listing Updated: November 27, 2020 8:01:34 PM PST
Robert Picchietti LogoMLS Number: 20023991
Listing Provided By:
Robert Picchietti  of  Re Max Signature Properties