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27419 Molidor Rd - 4+ Acre Corner Site

4.34 Acres of Commercial Land Offered at $1,272,690 CAD in Volo, IL 60041

Executive Summary

Signalized Commercial Corner
with Multi Family Potential
4.34 Acres at signalized intersection with great traffic counts of over 25,000 vehicles per day, zoned B-3 in Volo.
Property contains house and barn currently rented short term for $2,550/mo. Approximate frontage is 235’ on Route 12 and 621’ on Molidor Road.
Volo is looking for retail and possibly multi-family (see concept plan) on this prime corner. 24 Acre site across from this property is under contract for a multi-family development.
Price depends on use: $8 psf for commercial corner and $12,000 per unit for multi-family. Broker is related to seller.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per AC (CAD)
Taxes $13,980 $3,221.12
Operating Expenses - -
Total Expenses $13,980 $3,221.12

Financial Summary (Actual - 2023)

Taxes (CAD)
Annual $13,980
Annual Per AC $3,221.12
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $13,980
Annual Per AC $3,221.12

Property Facts

Price $1,272,690 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 4.34 AC

1 Lot Available

Lot

Price $1,272,690 CAD
Price Per AC $293,247 CAD
Lot Size 4.34 AC

retail and possibly multi family (see concept plan) on this prime corner. Price depends on use: $8 psf for commercial corner and $12,000 per unit for multi-family.

zoning

Zoning Code B-3
B-3
  • Listing ID: 3912900

  • Date on Market: 2012-08-02

  • Last Updated:

  • Address: 27419 Molidor Rd, Volo, IL 60041

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