0 Minkler Rd, Yorkville, IL 60543
This exceptional 194.92-acre parcel presents a remarkable opportunity for residential development in Oswego, Illinois. Located on Minkler Road, approximately one mile south of Illinois Route 71, this property boasts a prime location within the highly sought-after Oswego Community Unit School District 308, directly north of Hunt Club Elementary School and the Hunt Club East subdivision. Previously approved for annexation by the Village of Oswego, the property is planned for R-2 (Single Family Residence District) and R-4 (General Residence District) zoning. A preliminary plat, approved in 2006 but not yet recorded, outlines a potential development of 426 dwelling units (263 single-family and 163 townhomes), achieving a density of 2.19 units per acre. While currently zoned A-1 in Kendall County, with an average agricultural productivity index of 131 (Class B soils), this land offers significant upside potential. Environmental assessments reveal minimal impact, with less than one acre falling within the 100-year floodplain and no wetlands present on-site. The property's strategic location, combined with its pre-approved development plans, makes it an ideal investment for developers seeking a substantial residential project in a thriving community. Parcel numbers are 02-25-200-003 and 03-30-200-002. The asking price is $8,771,400.
Cap rate
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Property description
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No recorded transactions found for this property.
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Risks
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