20 Ac Wilmington Residential Development Land

Status:Active
County:Will
Township:Florence
Address:20840 W. Peotone Rd Wilmington IL 60481
Gross Land Area:20 Acres
 Hectare Conversion
Property Type:Vacant farmland with Development Potential
Possible Uses:Residential Development
Total Investment:$250,000
 Monetary Conversion
Unit Price:$12,500 per Acre
Productivity Index (PI):PI Index is 132
Buildings:No Buildings
Utilities:At site
Zoning:R-1 Residential Single Family


For more information contact:

Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.

 

** Price Reduced **

20 Ac Wilmington Residential Development Land
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Property Overview

Price REDUCED on this excellent development site. Farmland pricing with development potential. 20 acres with residential development potential. Zoned R-1 Single Family in the City of Wilmington. Excellent road frontage with utilities at the site. Near the corner of Rt. 53 and Wilmington - Peotone road. The 20 acres is on the east side of Waters Edge Subdivision. Additional finished lots on the north side of the 20 acres. Potential payout when County highway expansion happens. Near future Illiana access points. 


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Will County Map

Property Notes



Property Map

Property Gallery

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Aerial Map of the Wilmington Residential Development Site   
Aerial Map of the Wilmington Residential Development Site

Location Map of Wilmington Residential Development Site   
Location Map of Wilmington Residential Development Site

Will County Highway Map   
Will County Highway Map

Aerial Map 2 of the 20 Acre Wilmington Residential Development Land   
Aerial Map 2 of the 20 Acre Wilmington Residential Development Land

Plat Map of 20 Acres Florence Township, Will County   
Plat Map of 20 Acres Florence Township, Will County
Plat Map reprinted with permission of Rockford Map Publishers, Inc.

FSA Map of Florence Township 20 Acre Development Site   
FSA Map of Florence Township 20 Acre Development Site

Soil Map of Wilmington Residential Development Parcel   
Soil Map of Wilmington Residential Development Parcel

Topographical Map of Wilmington Development site   
Topographical Map of Wilmington Development site

Listing Details

 

General Information

Listing Name:20 Acre Wilmington Residential Development Land
Tax ID Number/APN:09-18-17-400-004-0000
Possible Uses:Residential Development
Zoning:R-1 Single Family
 

Area & Location

School District:Wilmington School District 209U
Location Description:Great road frontage and exposure to good traffic counts. Next to ski lake subdivision.
Site Description:Flat level farmland next to existing subdivision.
Side of Street:North side of Wilmington - Peotone Road
Highway Access:Easy access to:
I-55 only 5 miles west
I-57 only 15.75 miles east to Peotone
I-80 only 15 miles north to Joliet
Rt. 53 only half a mile west
Road Type:County blacktop road
Legal Description:Sellers own to the center of Wilmington-Peotone road. Future road expansion will need to purchase property from this parcel owner.
Property Visibility:Excellent visibility with traffic counts of 5100 on W. Peotone road and 8450 on Rt. 53.
Largest Nearby Street:Rt 53
 

Land Related

Lot Frontage (Feet):658 Feet for frontage on W. Peotone road.
Tillable Acres:18.7 tillable acres according to the Will-Cook Farm Service Agency.
Lot Depth:Approximately 1300 feet deep
Buildings:No buildings
Zoning Description:Single Family with the City of Wilmington.
Flood Plain or Wetlands:None known
Topography:Flat
FSA Data:Farmland 19.41 Acres
Cropland 18.07 Acres
Corn base 15.2 Acres PLC Yield 114
Wheat base .94 Acres PLC Yield 54
Soil Type:Dunham silty clay loam (523A) PI of 132
Available Utilities:Sewer and water are available from the City of Wilmington. Utilities are at the site.
 

Financials

Finance Data Year:2016 Taxes paid in 2017
Real Estate Taxes:Real estate taxes are $433.00 or $21.65 per acre.
Investment Amount:Sellers are asking $12,500 per acre for a total investment of $250,000.
 

Location

Address:Wilmington-Peotone Road
Wilmington, IL 60481
County:Will County Illinois



MARK GOODWIN PROFESSIONAL BIOGRAPHY

It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Will County, Grundy County, Kendall County, LaSalle County, Kane County, Kankakee County, Livingston County, and Ford County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?

Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.

Mark Goodwin Illinois Land Broker
For more information about property for sale in Wilmington, Illinois (Florence Township, Will County) contact:

Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.

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