251 Sherman Avenue, Montgomery, Illinois 60538
$820,099
|
Sold
|
|
| Status: | Closed |
| Sqft: | 3,750 |
| Cost/Sqft: | $227 |
| Beds: | 3 |
| Baths: | 3 |
| Year Built: | 1958 |
| Property Taxes: | $21,310 |
| Days On Market: | 697 |
| Lot Size: | 13,36 |
Description
This 3 bedroom, 2 1/2 bath, with approx. 3750sf home of above grade living space sits on 13+ prime acres of well manicured grounds with mature trees throughout offering a unique opportunity to make this your own residence or purchase as an investment. The property is currently zoned R-1 for possible subdividing for a roughly 30 SFH development. Sellers attorney is in discussions with city for re-zoning consideration for multi family or assisted living facility. Prospective buyers do your due diligence. Note that the inlay lot currently brings in roughly $2500/month in rental income from the primary residence and rental of garages and barn (this is well under market value) creating an outstanding buy and hold opportunity. 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.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1958 | |
| — | |
| — | |
| No | |
| 13.36 |
| Kane | |
| — | |
| — / Not Applicable | |
| — | |
| — | |
| — | |
| 11990858 | |
| 1533426001 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 11 Jun, 2024 | Sold | $820,099 | MRED MLS |
| 28 Apr, 2024 | Under contract | $850,000 | MRED MLS |
| 27 Feb, 2024 | Listed for sale | $850,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 1
Rooms: —
Basement Description: Finished
Other Specifics
| 8 | |
| — | |
| Asphalt | |
| — | |
| — | |
| 409X1370X426X1483 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $21,310 |
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Listing Provided By
@properties Christie's International Real Estate
