251 Sherman Avenue

Montgomery, IL
$ 899,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

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.

Land

  • Price
  • $ 899,000
  • Lot Size
  • 13.36 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Montgomery
  • Taxes
  • $ 19429
  • County
  • KANE
  • Style
  • Residential,Single Family
  • Area
  • Montgomery
  • MLS#
  • 11023895
  • Zip
  • 60538
Listing Provided by: @properties
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N No
City Montgomery
County Kane
Current Use Estate
Days on Market 152
Directions Route 59 to Montgomery Road. West to Douglas. North to Sherman and west to land directly across from Krug Park.
Elementary School District 129
High School District 129
MLS Area Montgomery
Middle/Junior School District 129
Ownership Fee Simple
Possession Closing
Possible Use Residential, Single Family
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name Sherman
Tax Annual Amount 19429.34
Tax Year 2020
Township Aurora
Utilities Electric to Site, Sanitary Sewer, Sewer-Storm Available, Water Nearby
Zoning SINGL

Interior Features

Street Suffix Avenue

Exterior Features

Frontage Length 409.7
Frontage Type City Street
Lot Dimensions 409.72 X 1370.60 X 426.3 X 1483.61
Lot Size Acres 13.36
Road Surface Type Asphalt
Waterfront Y/N No

Amenities

  • 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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/17/2021 Listed $950,000
8/5/2021 6% - $899,000

Property vs Zip Code Average in 60538

Price
AVG $1.08M
$900K
Taxes
AVG $6,818
$19,429
Visits
AVG 133
54
Walkscore
AVG 30
38
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

251 Sherman Avenue Montgomery, IL is a Single Family Home for sale at $899000 and a lot size of 13.36 Acres Acre(s). 251 Sherman Avenue Montgomery has 0 bedrooms, 0 baths . The property's zip code is 60538 which is in Montgomery, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.