Based on a 30-year fixed rate of 5.88% with 20% down. [ Change
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Property Description
$510,634 , Located in 25.6600, WATERLOO. ZIP Code: 62298
Oak Valley Estates has electric and city water to the site. Will not divide as we want to sell it as one tract. There is a year to year agricultural lease that has an exit clause if it needs to be developed sooner than when the crops come out.
The original phase of Oak Valley has its own neighborhood wide mound sewer system. The next phase of Oak Valley has been designed to do another similar sewer system.
The owner spent about $100,000 designing the next phase of Oak Valley with TWM Surveyors and Engineers and will include the rights to use those design plans with the purchase of the land with a reasonable offer to purchase it. It is not in the flood plain.
Owner has paid and installed a $400,000 turn lane on Illinois Route 3. That cost has been incurred and benefits the next phase tremendously.
Approximate lot size is 1,117,750 Acre(s) Elementary School: Waterloo Dist 5 Middle School: Waterloo Dist 5 High School: Waterloo Master bedroom is N/A Bedroom #2 is N/A Bedroom #3 is N/A Bedroom #4 is N/A Bedroom #5 is N/A
Living room is N/A Familiy room is N/A Kitchen is N/A Dining room is N/A Laundry room is N/A
MLS#: 20023991
Listing ID: 198983
Updated: 11 hours and 36 mins ago
Days on site: 284 days
Listing provided by
Robert Picchietti
Re/max Signature Properties
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