251 Sherman Avenue Montgomery, IL
$ 899,000
Property Attributes
  • MLS#11023895
  • TypeLand
  • CountyKANE
  • CityMontgomery
  • AreaMontgomery
  • Zip60538
  • StyleEstate
  • Taxes$ 19429
  • Price$ 899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size13.36 Acres
Listing Provided Courtesy Of:
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

INVESTORS and BUILDERS - Priced to sell! 13 acres for R-1 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. R-1 zoning could allow 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
8/5/2021 6% - $899,000

General Features

Additional Parcels Y/N No
City Montgomery
County Kane
Current Use Estate
Days on Market 201
Directions Route 59 to Montgomery Road. West to Douglas. North to Sherman and west to land directly across from Krug Park.
Elementary School District 129
High School District 129
MLS Area Montgomery
Middle/Junior School District 129
Ownership Fee Simple
Possession Closing
Possible Use Residential, Single Family
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name Sherman
Tax Annual Amount 19429.34
Tax Year 2020
Township Aurora
Utilities Electric to Site, Sanitary Sewer, Sewer-Storm Available, Water Nearby
Zoning SINGL

Interior Features

Street Suffix Avenue

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


  • 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 $1.65M
AVG $9,263
AVG 152
AVG 25
Data Provided by Walkscore ® not using MLS data

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