2516 S Farrell Road

    Lockport, IL 60441
    • $2,000,000
    • STATUS: Active Under Contract
    • ON SITE: 217 days
    • MLS #: 10273066
    Under Contract
    UPDATED: 66 min ago
    $2,000,000
    • 0
      BEDS
    • 30
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Farm
    County:

    School Information

    Elementary School:

    Description

    The 30 acre parcel was proposed to Lockport as a 264 unit apartment complex. The project was called Vital at Lockport, and proposed as a luxury apartment community. Vital was designed to fill an immediate need for market rate rental housing. Lockport is ready to help the new owner finalize this project. Owner would consider some level of participation in the project.

    Monthly Payment Calculator



    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-20T11:53:21.383 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.propertyconsultants.com/homes/91840502

    2516 S Farrell Road Lockport, IL 60441

    • Price: $2,000,000
    • Status: Active Under Contract
    • Updated: 66 min ago
    • MLS #: 10273066
    0
    Beds
    0
    Baths
    0
    ½ Baths
    30
    Acres
    Neighborhood:
    Homer / Lockport
    County:
    Will
    Area:
    Homer / Lockport
    Elementary School:
    Fairmont School
    High School:
    Lockport Township High School
    Property Description
    The 30 acre parcel was proposed to Lockport as a 264 unit apartment complex. The project was called Vital at Lockport, and proposed as a luxury apartment community. Vital was designed to fill an immediate need for market rate rental housing. Lockport is ready to help the new owner finalize this project. Owner would consider some level of participation in the project.
    Exterior Features

    Buildings On Land No Cars 0 Front Footage 992 Frontage Access County Road Land Description Level Lot Dimensions 992X1307 Lot Size 25.0-99.99 Acres Road Surface Asphalt Waterfront YN No

    Interior Features

    Basement Bathrooms YN No

    Property Features

    Additional Sales Information None Agent Owned Interest YN No Backup Package YN Yes Contingency Flag Other Contingency Corporate Limits Unincorporated Current Use Agricultural/Land Only Elementary Sch Dist 89 Farm Yes Farms Type Grain General Information None High Sch Dist 205 Holds Earnest Money No Jr High Middle Dist 89 Ownership Fee Simple Ownership Type Individual Possession Closing Potential Use Residential-Multi-Family Seller Will Joint Venture Special Assessments No Special Compensation Info None Special Service Area N Tax Year 2017 Taxes 557.02 Township Lockport Utilities To Site Electric To SiteGas NearbySanitary Sewer NearbyWater-Nearby Zoning Type Agric

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Goodwin & Assoc. Real Estate Llc.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-20T11:53:21.383 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Property Consultants Realty
    2200 N Damen Ave.
    Chicago IL, 60647