Fantastic opportunity on 13 acres for R3 zoning development right off of Montgomery Rd! Inlay lot that currently brings in $2710/mo in rents from home and rental of garages and barn. Montgomery will permit roughly 32 lots for SFH development. Buy and hold for development purposes. (North) frontage is 409.72' on Sherman Ave, (East) 1370.60', (South) 426.31' on Montgomery Rd and (West) is 1483.61'. Water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. Seller open to seller financing. PLEASE DO NOT DISTURB TENANTS. NO SIGN ON SITE. APPOINTMENT REQUIRED AND PARK IN BACK LOT.
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For more information about 251 Sherman, Montgomery, IL 60538 contact Corcoran Urban Real Estate.
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