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Parklake Village Lots

0.97 - 9.34 Acre Commercial Land Lots Offered at $105,000 - $450,000 Per Lot in Morris, IL 60450

Investment Highlights

  • All utilities to site
  • Close proximity to rapidly growing commercial corridor off I-80 in Morris
  • Parklike setting with mature trees

Executive Summary

Three residential parcels are available in the Parklake Village Subdivision. These parcels are zoned R-1, and range in size from 0.97-9.34± acres. The parcels are available individually or as an assemblage.

Financial Summary (Actual - 2022)

Annual Annual Per AC
Taxes $8,972 $719.49
Operating Expenses - -
Total Expenses $8,972 $719.49

Financial Summary (Actual - 2022)

Taxes
Annual $8,972
Annual Per AC $719.49
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $8,972
Annual Per AC $719.49

Property Facts

Price $105,000 - $798,000
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 12.47 AC

3 Lots Available

Lot Parklake 1

Price $450,000
Price Per AC $48,179.87
Lot Size 9.34 AC

9.34± ac lot. Available individually or as assemblage.

Lot Parklake 2

Price $105,000
Price Per AC $108,247.42
Lot Size 0.97 AC

0.97± ac lot. Available individually or as assemblage.

Lot Parklake 3

Price $243,000
Price Per AC $112,500.00
Lot Size 2.16 AC

2.16± ac lot. Available individually or as assemblage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-33-425-001
  • 02-33-425-002
  • 02-33-408-002
Land Assessment
$131,429 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$131,429 (2023)
Annual Taxes
$8,972
Tax Year
2022
  • Listing ID: 22219941

  • Date on Market: 2/11/2021

  • Last Updated:

  • Address: Parklake Village Lots, Morris, IL 60450

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