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Waterfront Residential Build Lot

20 Arrowwood Lane, Galena, IL 61036

For Sale
$50,000

Residential lot on just under an acre with seasonal views of Lake Galena and the Spillway.

Property SizeContact for details
Lot Size0.93 Acres
Days on Market776

Property Features for 20 Arrowwood Lane

General Information

Standard status Active
Lot size 0.93 Acres
Property subtype Land / Land

Taxes and HOA fees

Annual Taxes $1,334
Listing Agency: CHOICE REALTY
Listed By: MICHAEL S FERRY · License IL #471022574
Source: Compass
Added: Sep 30, 2024 Changed: Nov 12 Last Checked: Jul 20 at 9:14AM

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 CHOICE REALTY

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Investment Insights

Based on property information with market context.

This residential build lot is located on approximately 0.93 acres and offers seasonal views of Lake Galena and the Spillway. The property sits at the end of a cul-de-sac and is surrounded by mature wooded trees, with a gentle slope toward the rear.

A portion of the rear greenspace is described as unbuildable, helping define the lot’s usable build area. The setting is characterized as highly private.

The lot is positioned as a “Choice” property to construct a home, with the primary terrain described as gently sloping to the back of the property.

Key Highlights

  • Residential lot on 0.93 acres with seasonal views of Lake Galena and the Spillway
  • Located at the end of a cul‑de‑sac, surrounded by mature wooded trees
  • Gentle slope to the rear with greenspace (unbuildable space) at the back of the lot

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Gym & Fitness Center Travel Agency Clothing & Fashion Store Restaurant Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 61036, IL

7,111
Population
5,187
Households
1.4
Avg Household Size
54
Median Age
46%
College-Educated
97%
High-School Grad
95.8 sq mi
ZIP Area
74
Density / Sq Mi
$80,574
Median Household Income
$51,507
Median Earnings
$758
Median Rent
$258,100
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 on just under an acre with seasonal views of Lake Galena and the Spillway.
Where is this residential land & home lot located?
The property is located at 20 Arrowwood Lane Galena, IL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Residential lot on 0.93 acres with seasonal views of Lake Galena and the Spillway; Located at the end of a cul‑de‑sac, surrounded by mature wooded trees; Gentle slope to the rear with greenspace (unbuildable space) at the back of the lot
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