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"Mr Pete" Eichler
Designated Managing Broker

Montgomery IL Real Estate & Land for Sale

1 Properties Found

The median home value in Montgomery, IL is $267,500. This is lower than the county median home value of $275,000. The national median home value is $308,980. The average price of homes sold in Montgomery, IL is $267,500. Approximately 79% of Montgomery homes are owned, compared to 15% rented, while 5% are vacant. Montgomery real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Montgomery real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12474664
Type:
Land
Lot size:
14.68 Acres
A broker reciprocity listing Courtesy: Flanagan Realty, LLC.
View additional info

This prime retail development opportunity is located at the northeast corner of US Route 30 and 5th Avenue in Montgomery, Kendall County, IL. The site consists of approximately 15 acres, with the flexibility to subdivide down to parcels of roughly one acre, making it highly adaptable to a range of users. With nearly 1,400 feet of frontage on Route 30 and traffic counts of 26,000 vehicles per day, the property offers excellent visibility and exposure in a strong growth corridor. Access is superior, with a signalized intersection, dedicated turn lane, and curb cut on 5th Avenue. Zoned B-2 Regional Business, the property is ideally suited for gas stations, convenience stores, car washes, fast food with drive-thru, medical facilities, and other retail or service uses. Sewer and water are available to the site, and the property benefits from inclusion in a TIF District, offering potential development incentives. Pricing is variable depending on the parcel selected. Parcels may be purchased in bulk or individually, and joint venture opportunities may be considered on a case-by-case basis. While portions of the property fall within a floodplain, mitigation options are available, ensuring the site's long-term development potential. Some fill is required to bring the property to grade, but the seller will cooperate or may fill the site to the buyers specifications. This is an exceptional opportunity to secure a high-traffic, signalized corner with outstanding visibility and flexible development options.

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Listings courtesy of MRED as distributed by MLS GRID

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