Residential Land For Sale

Picture of Residential Land For Sale in Oswego, Illinois, United States

$1,400,000

001 Wooley Rd
Oswego, Illinois, United States

Listed By: Realtyww Info

Listed On: 08/02/2024

Listing ID: GL11742607 View More Details

Description

40-acres- FOR SALE- on Woolley Road, in the NWQ Section 24 of Oswego Township, Kendall County. This parcel is in Oswego's proposed planning District 4 and while it is not currently within the village limits, it is within its 1 1/2 mile jurisdictional area and with existing municipal boundary agreements in place with neighboring communities, it is a future neighborhood of Oswego. The 2015 Oswego plan projects this region's population growth to expand to 60, 000 by 2040. Major national builders like D.R. Horton, M/I Homes and Lennar, have recognized this potential and are busy with nearby active neighborhoods under construction along the Wolf's Crossing corridor. In July, a 160-acre parcel at the intersection of Wolf's Crossing and Rt. 30 was presented at a July planning meeting, seeking approval for residential and commercial uses including apartments, thus seekiing to join the growth trends along with the above builders/developers. The subject 40-acre parcel is level with Woolley Road, mostly in ag crops with some areas either in tree lines, small wooded patches or just idle. The parcel has 1, 320+/- feet of frontage on Woolley Road. There is a current farm lease for 2024, and renews annually. Note: The parcel number of 03-24-300-001 combines this parcel along with 160-acres on the south side of Woolley Road. The subject parcel's taxes are estimated based on a similar parcel, just south and along Stewart Road. The 160-acres is not for sale and the subject parcel will be split off with a new pin number. Do not enter the farmette area or disturb the tenant. Showings are by appointment only. Call exclusive list agents Mark or Christine for more information.

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Listed by: Mark Coleman