251 Sherman Avenue Montgomery, IL
$ 950,000
Property Attributes
  • MLS#11023895
  • TypeLand
  • CountyKANE
  • CityMontgomery
  • AreaMontgomery
  • Zip60538
  • StyleResidential,Single Family
  • Taxes$ 19429
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size13.36 Acres
Listing Provided Courtesy Of:
Data Source:
Midwest Real Estate Data LLC
Property Description

INVESTORS and BUILDERS - Priced to sell! 13 acres for R3 zoning development off of Montgomery Road! Inlay lot currently brings in $2700/month in rental income from both home and rental of garages and barn. Montgomery will permit roughly 32 lots for SFH development. Buy and hold or take advantage of the current market/short supply of housing and build now! 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. PARK IN BACK LOT.

Price History
3/17/2021 Listed $950,000

General Features

Current Use Estate
Elementary School District 129
High School District 129
Middle/Junior School District 129
Ownership Fee Simple
Possible Use Residential, Single Family
Property Type Land
Property Type Land
Standard Status Active
Tax Annual Amount 19429.34
Township Aurora
Zoning SINGL

Exterior Features

Frontage Length 409.7
Frontage Type City Street
Lot Dimensions 409.72 X 1370.60 X 426.3 X 1483.61
Lot Size Acres 13.36
Road Surface Type Asphalt
Waterfront Y/N No

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60538

AVG $1.66M
AVG $9,350
AVG 160
AVG 30
Data Provided by Walkscore ® not using MLS data

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