0 N US HIGHWAY 12, Volo, IL
$ 599,900
Property Attributes
  • MLS#11678022
  • TypeLand
  • CountyLAKE
  • CityVolo
  • AreaVolo
  • Zip60020
  • StyleCommercial
  • Taxes$ 1134
  • Price$ 599,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

5 acre stoplight corner on Route 12 ready for development. High and dry with no wetland or floodplain. 584 feet of highway frontage with traffic count of 23,300 (see Additional Documents). City water is available on the west side of Rt. 12 at the storage buildings south of the property and there is a sewer lift station on the east side of Rt. 12 a bit north of the intersection if needed. Minimal water uses may use septic. The Village of Volo is easy to work with and anxious to see this parcel developed. Seller will put buyer in contact with an engineer who can coordinate a fill & compaction operation that will make good money for the next owner and level the property for further development. Dimensions and size are estimated. The original 42 acre parcel was divided in November, 2022 so a new address and PIN will be assigned shortly and 2023 assessed value and taxes are not yet determined.

High School
Grant Community High School
Price History
11/23/2022 Listed $749,900
9/12/2023 7% - $699,900
9/24/2023 15% - $600,000
9/26/2023 1% - $599,900

General Features

Additional Parcels Y/N No
City Volo
County Lake
Current Use Commercial
Days on Market 313
Directions Southwest corner of Route 12 and West Sullivan Lake Rd.
Elementary School District 15
High School Grant Community High School
High School District 124
MLS Area Volo
Middle/Junior School District 15
Percent Ownership Fee Simple
Possession Closing
Possible Use Commercial, Condominium, Industrial, Liquor License, Other, Office and Research, Development, Recreational, Multi-Family, Retail, Zoning Change Required
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name US HIGHWAY 12
Tax Annual Amount 1134.2
Tax Year 2021
Township Grant
Utilities Electric to Site, Gas Nearby, Water Nearby
Waterfront Y/N No
Zoning AGRIC

Interior Features

Basement None
Laundry Features None

Exterior Features

Frontage Length 584
Frontage Type County Road, US Highway
Lot Dimensions 589 X 370 APPX
Lot Size Acres 5
Road Surface Type Asphalt


  • 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 60020

AVG $320K
AVG $2,557
AVG 183
Data Provided by Inside Real Estate®