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Residential Building Lot
For Sale
$36,000

408 Oak Ridge Drive, Lena, IL 61048

Residential lot with city water and sewer available at the lot line in Oak View Subdivision.

Property SizeContact for details
Days on Market924

Property Features for 408 Oak Ridge Drive

General Information

Standard status Active
Property subtype Land / Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $66
Listing Agency: WELCOME HOME NW ILLINOIS, INC.
Listed By: FAYE M HEILMAN · License #471019236
Source: Compass
Added: Mar 26, 2024 Changed: Oct 4 Last Checked: Oct 4 at 1:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WELCOME HOME NW ILLINOIS, INC.

Investment Insights

Based on property information with market context.

This offering is for Lot 37 in Plat 3 of Oak View Subdivision in Lena. Covenants, Conditions, and Restrictions apply, and all plans are subject to review of the developer.

City water and sewer are available at the lot line. The lot slopes to the back and right and includes a detention area.

Additional details on the Covenants, Conditions, and Restrictions are available by calling the agent or office.

Key Highlights

  • Residential lot: Lot 37 in Plat 3 of Oak View Subdivision in Lena
  • City water and sewer available at the lot line
  • Lot slopes to the back and right and includes a detention area

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 61048, IL

4,081
Population
1,740
Households
2.3
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
81.8 sq mi
ZIP Area
50
Density / Sq Mi
$87,604
Median Household Income
$45,680
Median Earnings
$655
Median Rent
$170,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot with city water and sewer available at the lot line in Oak View Subdivision.
Where is this residential land & home lot located?
The property is located at 408 Oak Ridge Drive Lena, IL.
What is the asking price?
The asking price for this property is $36,000.
What are key features of this property?
This property features: Residential lot: Lot 37 in Plat 3 of Oak View Subdivision in Lena; City water and sewer available at the lot line; Lot slopes to the back and right and includes a detention area
More about this property
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