Parklake Dr Morris, IL 60450
- Land
- 12.47 lot acres
Current Use by Public Records
- Land
Property Details for 0 Parklake Dr
- Lot size
- 12.47 lot acres
- Property type
- Land
Description
This exceptional offering presents a unique opportunity to acquire three residential land parcels totaling 12.47 acres within the desirable Parklake Village Subdivision in Morris, Illinois. These parcels, identified by APN numbers 02-33-408-002, 02-33-425-002, and 02-33-425-001, are zoned R-1, allowing for a variety of residential development options. Individual lot sizes range from approximately 0.97 to 9.34 acres, providing flexibility for both single-family homes and potentially larger-scale residential projects. The property is conveniently located on Parklake Drive, in Grundy County, with a 60450 zip code. The assemblage offers a compelling investment opportunity due to its park-like setting, featuring mature trees, and its proximity to a rapidly expanding commercial area situated conveniently off Interstate 80. All utilities are readily available at the site, simplifying the development process. This is an ideal opportunity for builders, developers, or investors seeking to capitalize on the growth potential of this attractive Morris, Illinois location. The parcels are available for purchase individually or as a combined assemblage, providing options to suit various investment strategies and development plans. The asking price for the entire assemblage is $798,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morris
- County
- Grundy
- State
- Illinois
- Longitude
- -88.4285
- Latitude
- 41.378
