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5402 Edgewood Rd

277 Acres of Residential Land Offered at $4,293,500 in Crystal Lake, IL 60012

Property Facts

Price $4,293,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 277.00 AC

1 Lot Available

Lot

Price $4,293,500
Price Per AC $15,500
Lot Size 277.00 AC

Best of all worlds with this well-located and highly-productive land with excellent future development potential! Great upside and strong current income on this +/- 276 acres currently used as a sod farm. Includes two 6,000 sq ft pole barns on 7.75

Description

Major Price Reduction! Seller wants to see offers!! Best of all worlds with this well-located and highly-productive land with excellent future development potential! Great upside and strong current income on this +/- 276 acres currently used as a sod farm. Includes two 6,000 sq ft pole barns on 7.75-acre lot that can be included or divided off. Adjacent to Illinois American water and sewer and contiguous to Village of Prairie Grove which is open to annexation and rezoning. Current lease can be terminated, or tenant may consider remaining. Strong income with highly productive land. Ponds and irrigation ditches in place. Adjacent to Union Pacific Railroad. Priced below recent nearby sales!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-21-200-001
  • 14-21-200-004
  • 14-21-200-003
  • 14-21-200-002
  • 14-16-376-001
Land Assessment
$52,687
Improvements Assessment
$0
Total Assessment
$52,687
  • Listing ID: 29800402

  • Date on Market: 10/16/2023

  • Last Updated:

  • Address: 5402 Edgewood Rd, Crystal Lake, IL 60012

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