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Sloped Residential Lot in Subdivision
For Sale
$39,000

502 Louieville Court, Galena, IL 61036

Residential lot slopes downhill with electric, water, and sewer available but not currently connected.

Property SizeContact for details
Days on Market1959

Property Features for 502 Louieville Court

General Information

Standard status Active
Property subtype Land / Land

Additional Details

Utilities to Site Yes
Listing Agency: DC Rise Real Estate
Listed By: DIANE M SELF · License #475104134
Source: Compass
Added: Apr 11, 2021 Changed: Aug 8 Last Checked: Mar 25 at 6:46PM

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 DC Rise Real Estate

Investment Insights

Based on property information with market context.

This listing offers Lot 7 of Timp’s Subdivision (Phase 2), an irregularly shaped residential lot that slopes downhill. Electric, water, and sewer service are available for the lot, though they are not currently connected. Buyer will need to confirm whether natural gas is available at the property. Covenants and Restrictions apply.

Louieville Court is just east of downtown Galena, accessed off 5th Street. The directions for Timp’s Subdivision Phase 2 are available via Park Avenue, Jackson, and 5th Street, with an alternate approach via Powderhouse Hill Road and 5th Street.

Prospective buyers should review the lot’s irregular shape and any covenant requirements as part of their planning.

Key Highlights

  • Lot 7, Timp's Subdivision (Phase 2), on Louieville Court off 5th Street, just east of downtown Galena
  • Lot slopes downhill
  • Electric, water, and sewer service are available for the lot but not currently connected

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store

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

6
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot slopes downhill with electric, water, and sewer available but not currently connected.
Where is this residential land & home lot located?
The property is located at 502 Louieville Court Galena, IL.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Lot 7, Timp's Subdivision (Phase 2), on Louieville Court off 5th Street, just east of downtown Galena; Lot slopes downhill; Electric, water, and sewer service are available for the lot but not currently connected
More about this property
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