131 Acre Laraway Rd Development Site

Status:Active
County:Will
Township:Frankfort
Address:NE Corner of Laraway Rd. and Pfieffer Rd. Frankfort IL 60423
Gross Land Area:131 Acres
 Hectare Conversion
Property Type:Vacant farmland with Development Potential
Possible Uses:Agricultural Production
Total Investment:$2,161,500.00
 Monetary Conversion
Unit Price:$16,500 per Acre
Productivity Index (PI):The PI index for 79.3 tillable acres is 102.1
Buildings:No Buildings
Utilities:Utilities are near the site


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.

 

** New Listing **

131 Acre Laraway Rd Development Site
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Property Overview

Rolling farmland and timber land in the planning area of Frankfort, IL. Great frontage at the corner of Laraway road and Pfieffer road. This site is ready for development. Utilities are near the site. Formally planned as Country Crossing Subdivision. Strong demographics. Chelsea Grade School and Commissioners Park are on the east side of this parcel. 131 total acres. 
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Will County Map

Property Map

Property Gallery

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Location Map of Frankfort Development Site in Will County   
Location Map of Frankfort Development Site in Will County

Aerial Map of Frankfort Development Site on Laraway road   
Aerial Map of Frankfort Development Site on Laraway road

Plat Map of Frankfort Township, Will County IL   
Plat Map of Frankfort Township, Will County IL
Plat Map reprinted with permission of Rockford Map Publishers, Inc.

FSA Map of Frankfort 131 Acre Development Site   
FSA Map of Frankfort 131 Acre Development Site

Soil Map of Laraway road development site   
Soil Map of Laraway road development site

131 Acre Topographical Map in Frankfort, IL   
131 Acre Topographical Map in Frankfort, IL

Demographic Profile of Frankfort in a one mile radius   
Demographic Profile of Frankfort in a one mile radius

Demographic Profile of Frankfort in a three mile radius   
Demographic Profile of Frankfort in a three mile radius

Demographic Profile of Frankfort in a five mile radius   
Demographic Profile of Frankfort in a five mile radius

Listing Details

 

General Information

Listing Name:131 Acre Laraway Rd. Development Site
Tax ID Number/APN:19-09-26-300-017 (18.18 Acres)
19-09-26-300-021 (25.85 Acres)
19-09-26-400-017 (10.91 Acres)
19.09-26-300-014 (76.38 Acres)
Possible Uses:Ideal location for a residential development project.
 

Area & Location

School District:Grade School: Frankfort Community Consolidated School District 157C
High School: Lincoln-Way Community High School District 210
Market Type:Suburban Market area. Tapestry Segmentation report for 1, 3 & 5 miles is included with this brochure package. The three top Segments in one mile are:
Professional Pride 68.7%
Savvy Suburbanites 24.0%
Exurbanites 7.3%
Location Description:Great location in the affluent community of Frankfort. Northeast corner of Pfieffer road and Laraway road. Easy access to I-57 and I-80
Site Description:Rolling farmland with timber and creeks. Some HEL farmland.
Side of Street:Frontage on three roads:
Sauk Trail
Laraway road
Pfieffer road
Highway Access:3.6 miles east to I-57
5.6 miles north to I-80
Road Type:Laraway road is a Will County Highway and is built with Asphalt pavement.
Property Visibility:Excellent visibility with roads on three sides of the property.
Largest Nearby Street:1.2 miles north to IL. Rt. 30
Transportation:Metra is available at two locations:
191st Street in Mokena 5.6 mile north
Laraway Rd. & Cedar Rd in New Lenox 6.7 miles east.
 

Land Related

Lot Frontage (Feet):3516 feet of frontage on Laraway road
1340 feet of frontage on Pfieffer road
Tillable Acres:Will County USDA FSA office reports 78.69 tillable acres with 66.18 effective cropland acres.
Buildings:No Buildings
Flood Plain or Wetlands:Yes, the site does have acres considered flood plain and wetland.
Topography:Rolling farmland, topographical map is included with this brochure.
FSA Data:66.18 Effective cropland acres
Corn base is 39.82 Acres
Corn PLC Yield 114 bu/ac
Soybean base is 23.39 Acres
Soybean PLC Yield is 35 bu/ac.
Soil Type:Markham silt loam (531C2)
Bryce silty clay (235)
Ozaukee silty clay loam (530D3)
Average soil PI for this farm is 104.4
Available Utilities:Sewer and water are available from the village of Frankfort.
 

Financials

Finance Data Year:The 2019 taxes paid in 2019
Real Estate Taxes:19-09-26-300-017 (18.18 Acres) Tax amount $114.00
19-09-26-300-021 (25.85 Acres) Tax amount $6,537.00
19-09-26-400-017 (10.91 Acres) Tax amount $4,803.00
19.09-26-300-014 (76.38 Acres) Tax amount $918.00
Total Real-estate taxes are $12,372.00
Investment Amount:The sellers are asking $16,500 per acre for a total of $2,161,500
 

Location

Address:8431 W. Sauk Trail
Frankfort, IL 60423

Northeast corner of Pfeiffer road and Laraway road.
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 Frankfort, Illinois (Frankfort 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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