Signalized Commercial Corner with Multi Family Potential 4.34 Acres at signalized intersection with great traffic counts of over 25,000 vehicles per day, zoned B-3 in Volo. Property contains house and barn currently rented short term for $2,550/mo. Approximate frontage is 235' on Route 12 and 621' on Molidor Road. Volo is looking for retail and possibly multi-family (see concept plan) on this prime corner. 24 Acre site across from this property is under contract for a multi-family development. Price depends on use: $8 psf for commercial corner and $12,000 per unit for multi-family. Broker is related to seller.
Vacant land ready for development of residential condo building of 3 to 5 units with entire building up to 5,516 sq ft. Owner Financing options available. Additional lot of similar size is also available for the same type of development. Water, sewer and all utilities are at the site. Nice lot backing up to open lands and views of a pond.
Rare opportunity to purchase this Volo site with all utilities and zoned allowing a MULTI-FAMILY building. It is designed to accommodate a 4 unit building. Location gives easy access to major highways, Metra, Volo Bog, golf courses and many other recreational parks. This property is READY TO GO! Start building this coming spring. Water, sewer and all utilities are already to the site.
Based on information submitted to the MLS GRID as of Mon May 13 2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.