304 Oak St, Onarga, IL 60955

This exceptional 9.09-acre property in Onarga, Illinois, presents a unique investment opportunity. Located in a Tax Increment Financing (TIF) district, this land offers significant potential for residential development. The property is zoned R-1 Single Family Residential, allowing for the creation of up to 15 individual lots. A key advantage is the existing city water and sewer mains already in place at the site, significantly reducing infrastructure costs for future development. The address is 304 S Oak St, Onarga, IL 60955, in Iroquois County. The property's size and zoning make it suitable for a variety of residential projects, from single-family homes to potentially smaller multi-family dwellings (subject to local regulations). The asking price for this expansive parcel is $170,000. This represents a compelling opportunity to acquire a substantial land holding in a convenient location with established utilities, ready for immediate development. The property is being offered for sale by owner.