Signalized Corner with Development Potential

27419 W Molidor Rd, Volo, IL

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4.34 acres at signalized intersection in Volo, Illinois.

Type:LAND

Lot size:

4.34 Acres

HighLights

Signalized commercial corner location with high traffic count (over 25,000 vehicles per day).
Multi‑family development potential, supported by Volo's interest and nearby development.
4.34 acre lot zoned B‑3.
Existing rental income of $2,550/month from house and barn.
Significant frontage: 235’ on Route 12 and 621’ on Molidor Road.
Flexible pricing based on use: $8 psf for commercial, $12,000 per unit for multi‑family.

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Listing Contact

Bruce Kaplan

For Sale

Contact for pricing

4.34 acres at signalized intersection in Volo, Illinois.

Type:LAND

Lot size:

4.34 Acres

Added:: Oct 30, 2023
Days on Market:: 956
Last Refresh:: May 20 at 9:02 pm

Property Features for 27419 W Molidor Rd

General Information

Standard status: Active
Lot size: 4.34 Acres
Property subtype: LAND

We can help!

Listing Contact

Bruce Kaplan

Listing agent Bruce Kaplan License #475075614

Listing office Premier Commercial Realty

Listing date Oct 30, 2023

Source Moodyscre

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All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty

HighLights

Signalized commercial corner location with high traffic count (over 25,000 vehicles per day).
Multi‑family development potential, supported by Volo's interest and nearby development.
4.34 acre lot zoned B‑3.
Existing rental income of $2,550/month from house and barn.
Significant frontage: 235’ on Route 12 and 621’ on Molidor Road.
Flexible pricing based on use: $8 psf for commercial, $12,000 per unit for multi‑family.

Overview

This 4.34-acre property is located at a signalized intersection in Volo, Illinois, and is zoned B-3. It features approximately 235 feet of frontage on Route 12 and 621 feet on Molidor Road, benefiting from traffic counts exceeding 25,000 vehicles per day. The property includes a house and barn, currently rented short term for $2,550 per month. The Village of Volo is seeking retail development and possibly multi-family development for this corner. A 24-acre site across from this property is under contract for multi-family development, indicating the area's growth potential. The price depends on use: $8 per square foot for commercial corner and $12,000 per unit for multi-family.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Volo
County: Lake
State: Illinois
Longitude: -88.1675
Latitude: 42.3438

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Commercial Corner Lot For Sale

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IL
Volo
27419 W Molidor Rd

What type of property is this?

Commercial land - 4.34 acres at signalized intersection in Volo, Illinois.

Where is this commercial land located?

The property is located at 27419 W Molidor Rd Volo, IL.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Signalized commercial corner location with high traffic count (over 25,000 vehicles per day).; Multi‑family development potential, supported by Volo's interest and nearby development.; 4.34 acre lot zoned B‑3.

27419 W Molidor Rd, Volo, IL

4.34 acres at signalized intersection in Volo, Illinois.

Property Features for 27419 W Molidor Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail Building with Second-Floor Apartment

Specialty Commercial Property

Commercial Corner Land For Sale

9.86 Acres For Sale

Volo Farmland Opportunity

Commercial Corner Lot For Sale

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