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000 Woolley Rd - 000 Woolley Rd

40 Acres of Residential Land Offered at $1,400,000 in Oswego, IL 60543

INVESTMENT HIGHLIGHTS

  • over 4,500 dwelling units are either under const. or have been approved, 1 mile north of this parcel.

EXECUTIVE SUMMARY

FOR SALE- on Woolley Road, in the NWQ Section 24 of Oswego Township, Kendall County. This parcel is in Oswego's proposed planning District 4 and while it is not currently within the village limits, it is within its 1.5 mile jurisdictional area and with existing municipal boundary agreements in place with neighboring communities, it is a future neighborhood of Oswego. The 2015 Oswego plan projects capacity for this region's population growth to expand to 60,000 by 2040. Major national builders like D.R. Horton, M/I Homes, and Lennar are beginning to recognize this potential and have nearby active neighborhoods under construction along the Wolf's Crossing corridor. Currently, a 160-acre parcel at the intersection of Wolf's Crossing and Rt. 30 was presented at a July planning meeting, seeking approval for residential and commercial uses including apartments, thus joining the growth trends along with the above builders/developers. The subject 40-acre parcel is level with Woolley Road, mostly in ag crops with some areas either in tree lines and small wood patches, or just idle. The parcel has 1,320+/- feet of frontage on Woolley Road. There is a current farm lease for 2024, and renews annually. Note: The parcel number of 03-24-300-001 combines this parcel along with 160-acres on the south side of Woolley Road. The subject parcel's taxes are estimated based on a similar parcel, just south and along Stewart Road. The 160-acres is not for sale and the subject parcel will be split off with a new pin number. Do not enter the farmette area or disturb the tenant. Showings are by appointment only. Call exclusive listing agents Mark or Christine for more information.

PROPERTY FACTS

Price $1,400,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 40.00 AC

1 LOT AVAILABLE

Lot

Price $1,400,000
Price Per AC $35,000.00
Lot Size 40.00 AC

Vacant land, partially in corn and under an annual farm lease. To navigate w/gps use the address of 744 Woolley Road, Oswego, IL to the rented farm house on the south side of Woolley Road. The subject 40-acre parcel is directly to the north

DESCRIPTION

Note: The parcel number of 03-24-300-001 combines the subject 40-acre parcel along with 160-acres on the south side of Woolley Road. The subject parcel's taxes are estimated based on a similar parcel, just south and along Stewart Road. The 160-acres is not for sale and the subject parcel will be split off with a new pin number.

  • Listing ID: 32655754

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 000 Woolley Rd, Oswego, IL 60543

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