Multi Family Fully Improved Lots

  SOLD November 2022 for $540,000

1501 Field Circle, Freeport, Illinois 61032


Documents
Land Size5.65 Acres
ZoningR6
WaterCity
SewerCity
Electricto site

VACANT RESIDENTIAL LAND
18 FULLY IMPROVED LOTS

FOR SALE- A rare opportunity to acquire fully improved residential lots in the heart of Freeport. The most complete commercial and retail section of Freeport is minutes away and within walking distance.

Lots are zoned R-6, which allows for single family homes, residential duplexes or 4-unit, 2-story apartment buildings. City dedicated roads and underground utilities have been installed. A buyer just needs to obtain construction building permits.

Priced at $600,000 for the entire 18 lots, or $33,333 per lot. Ownership will consider a sale of a minimum of three contiguous lots.

Current real estate taxes are less than $1,500 for all 18 lots based on a developer’s exemption that was recently procured.

Call broker for more details.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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