Dreaming of building a custom home/homes? This 2.7 +/- acre developer ready piece may fit your needs. Large lot comes planned with city sewer in place for 13 villas. Initial phase of development (4-unit villa) already completed on adjoining lot. Villas currently rent at $900+ per unit. Here is a tremendous opportunity to build while concurrently producing income! Villas are single story with attached garage and no stairs! Villas are ADA compliant ready. Bring your own ideas and plans for the remaining acreage or continue this development! Call today for more information and to see for yourself. Property back on the market seller lost financing.
MLS# | 19085647 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2008 |
Days On Site | 432 |
Area Information | |
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State | IL |
County | Madison-IL |
City | Granite City |
Zip Code | 62040 |
Listing VS Median (in 62040) | |
Price: $425,000 low | high Med: $65,500 On Site: 432 low | high Med: 52 |