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    0000 Elmwood Road

    Rockford, IL 61101
    • $485,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 11133156
    UPDATED: 56 min ago
    $485,000
    • 0
      BEDS
    • 24.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Farm
    County:
    Area:

    School Ratings & Info

    School District:
    205

    Description

    Investment Opportunity! 3 parcels being sold as a package at the corner of Elmwood/Rockton Rds. Pins 0734426002 & 0734425001 offer a total of 12 duplex lots offering 24 units. Pin 0734400008 offers 21 acre adjacent tillable farmland.... seller receives $240/acre...$5040/yr negotiated annually with Glenny Farms. Sewer lines are to the duplex lots...see Reclamation District letter/map in documents. Water lines are in the street and some are to the lots as per the City records. Current Elmwood Estates Condo Association in place for the existing 5 buildings which buyer can annex into if desired. Final Plat and Covenants for the HOA are also in documents. The final lift is completed on all road sections that have finished condos. There is a stretch on the east section of Sun Dance Lane where the lots are at that doesn't have the final lift yet to accommodate heavy machinery from construction on that section of roadway. Pricing breakdown is approximately $22,500/lot plus $10,200/acre. Beautiful NW location is secluded yet very close to 173 shopping, dining and big box stores. Total taxes on 3 parcels $12,605

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2021-07-27T16:54:56.02 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    0000 Elmwood Road Rockford, IL 61101

    • Price: $485,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 11133156
    0
    Beds
    0
    Baths
    0
    ½ Baths
    24.74
    Acres
    Neighborhood:
    Rockford
    County:
    Winnebago
    Area:
    Rockford
    School District:
    205
    Property Description
    Investment Opportunity! 3 parcels being sold as a package at the corner of Elmwood/Rockton Rds. Pins 0734426002 & 0734425001 offer a total of 12 duplex lots offering 24 units. Pin 0734400008 offers 21 acre adjacent tillable farmland.... seller receives $240/acre...$5040/yr negotiated annually with Glenny Farms. Sewer lines are to the duplex lots...see Reclamation District letter/map in documents. Water lines are in the street and some are to the lots as per the City records. Current Elmwood Estates Condo Association in place for the existing 5 buildings which buyer can annex into if desired. Final Plat and Covenants for the HOA are also in documents. The final lift is completed on all road sections that have finished condos. There is a stretch on the east section of Sun Dance Lane where the lots are at that doesn't have the final lift yet to accommodate heavy machinery from construction on that section of roadway. Pricing breakdown is approximately $22,500/lot plus $10,200/acre. Beautiful NW location is secluded yet very close to 173 shopping, dining and big box stores. Total taxes on 3 parcels $12,605
    Exterior Features

    Frontage Length 724 Frontage Type City Street Number Of Cars 0 Road Surface Type Asphalt Tillable Acres 21.05 Waterfront YN No

    Interior Features

    Basement Bathrooms YN No

    Property Features

    Additional Parcels YN Yes Backup Package YN No Buildings On Land YN No Corporate Limits Rockford Current Use Agricultural Farm Yes Farms Type Grain General Information Interstate Access Land Amenities1 LevelTillable Lot Size 10.0-24.99 Acres Lot Size Dimensions 362X180X735X150 Possible Use CondominiumMulti-Family Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 12605 Tax Year 2020 Utilities Sewer-Storm AvailableWater To Site

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Realty Signature.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2021-07-27T16:54:56.02 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Hawthorn Woods IL, 60047