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27419 Molidor Rd - 4+ Acre Corner Site

4.34 Acres of Commercial Land Offered at £701,053 in Volo, IL 60041

Executive Summary

Signalized Commercial Corner
with Multi Family Potential
4.34 Acres at signalized intersection with great traffic counts of over 25,000 vehicles per day, zoned B-3 in Volo.
Property contains house and barn currently rented short term for $2,550/mo. Approximate frontage is 235’ on Route 12 and 621’ on Molidor Road.
Volo is looking for retail and possibly multi-family (see concept plan) on this prime corner. 24 Acre site across from this property is under contract for a multi-family development.
Price depends on use: $8 psf for commercial corner and $12,000 per unit for multi-family. Broker is related to seller.

Financial Summary (Actual - 2023)

Annual Annual Per AC
Taxes £7,701 £1,774.34
Operating Expenses - -
Total Expenses £7,701 £1,774.34

Financial Summary (Actual - 2023)

Taxes
Annual £7,701
Annual Per AC £1,774.34
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £7,701
Annual Per AC £1,774.34

Property Facts

Price £701,053
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 4.34 AC

1 Lot Available

Lot

Price £701,053
Price Per AC £161,533
Lot Size 4.34 AC

retail and possibly multi family (see concept plan) on this prime corner. Price depends on use: $8 psf for commercial corner and $12,000 per unit for multi-family.

zoning

Zoning Code B-3
B-3
  • Listing ID: 3912900

  • Date on Market: 02/08/2012

  • Last Updated:

  • Address: 27419 Molidor Rd, Volo, IL 60041

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