251 Sherman Avenue , Montgomery, IL 60538(Kane County)

13.36 Acres in Montgomery, IL - $950,000

INVESTORS and BUILDERS - Priced to sell! 13 acres for R3 zoning development off of Montgomery Road! Inlay lot currently brings in $2700/month in rental income from both home and rental of garages and barn. Montgomery will permit roughly 32 lots for SFH development. Buy and hold or take advantage of the current market/short supply of housing and build now! North frontage is 409.72' on Sherman Ave, east is 1370.60', south is 426.31' on Montgomery Road and west is 1483.61'. Note that water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. DO NOT DISTURB TENANTS. APPOINTMENT REQUIRED. PARK IN BACK LOT.