251 Sherman Avenue   |  Montgomery, IL 60538

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Matt Grander

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  • 0 bed | 0 full bath | 0 sqft | Lots and Land
  • $995,000

  • Est. Monthly Payment: $1,232,123/mo

Fantastic opportunity on 13 acres for R3 zoning development right off of Montgomery Rd! Inlay lot that currently brings in $2710/mo in rents from home and rental of garages and barn. Montgomery will permit roughly 32 lots for SFH development. Buy and hold for development purposes. (North) frontage is 409.72' on Sherman Ave, (East) 1370.60', (South) 426.31' on Montgomery Rd and (West) is 1483.61'. Water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. Seller open to seller financing. PLEASE DO NOT DISTURB TENANTS. NO SIGN ON SITE. APPOINTMENT REQUIRED AND PARK IN BACK LOT.

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Property Features

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Interior Features
  • Dining Rooms: 1
  • Living Rooms: 1
Exterior Features
  • Garage: 6+
  • Lot Size: 13.36 acres

Utilities

Additional and Community Information

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Additional
  • Area: 538
  • County: Kane
  • HOA: 0
  • Property Type: Lots and Land
  • Annual Taxes: $19,828
  • Township: Aurora
Community
  • School District: 129

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