INVESTORS and BUILDERS - 13+ primes acres. Current zoning of R-1 could allow for roughly 30 lots for SFH development. Sellers attorney is in discussions with city for re-zoning consideration for multi family or assisted living facility. Prospective buyers do your due diligence. Note that Inlay lot currently brings in roughly $2500/month in rental income from primary residence along with rental of garage and barn (this is well under market value), creating an outstanding buy and hold opportunity. North frontage is 409.72' on Sherman Ave, east is 1370.60', south is 426.31' on Montgomery Road and west is 1483.61'. Note that water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. DO NOT DISTURB TENANTS. APPOINTMENT REQUIRED.
Full Features
Heating System:
Natural Gas
Water Front:
No
Square Feet:
N/A
Lot Size:
10.0-24.99 Acres
Acreage:
13.36
Taxes & Assessments
Tax Amount:
$21,310
Tax Year:
2022
Location
Zip Code:
60538
City:
Montgomery
County:
Kane
Schools
School District(s):
129
Elementary School:
N/A
Middle School:
N/A
High School:
N/A
Disclaimer: The accuracy of all information regardless of source, including but not limited to square
footage and lot size, is deemed reliable but not guaranteed nor warranted and should be
personally verified through personal inspection by and/or with the appropriate professionals.
Montgomery, IL
The close-knit village of Montgomery is nestled along the Fox River.
Incorporated in 1858, Montgomery is situated on both banks of the river in Kane and Kendall counties and is approximately 40 miles from Chicago. Daniel Gray founded the village in 1835, and the stone grist mill he built then has si...
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