For Sale
$895,000

27419 Molidor Rd Volo, IL 60041

4.34 Acres, High-Traffic Corner, Multi-Family Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
Exceptional commercial land opportunity in Volo, Illinois, encompassing 4.34 acres at a signalized intersection boasting over 25,000 vehicles daily. This B-3 zoned property presents significant potential for various commercial ventures or multi-family development, as evidenced by a nearby 24-acre site currently under contract for multi-family construction. The property features approximate frontages of 235 feet on Route 12 and 621 feet on Molidor Road (APN: 05-27-400-018). Currently, a house and barn are on the site, generating a short-term rental income of $2,550 per month. Volo's expressed interest in retail and multi-family development makes this a prime location. Pricing is flexible and depends on the intended use: $8 per square foot for commercial development or $12,000 per unit for multi-family. This is a rare opportunity to acquire a high-visibility corner lot in a growing area. The property's strategic location and high traffic volume make it an ideal investment for developers seeking a prime location in Lake County.

Highlights

  • High-visibility corner lot.
  • Located on a signalized intersection.

Property Details for 27419 Molidor Rd

Property type
Land
Lot Size (sq. ft)
189,050 SF

Location Insight

City
Volo
County
Lake
State
Illinois
Latitude
42.3438317
Longitude
-88.1674592

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FAQs

What type of property is this?
Land - 4.34 Acres, High-Traffic Corner, Multi-Family Potential
Where is the land located?
The property is located at 27419 Molidor Rd Volo, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: High-visibility corner lot.; Located on a signalized intersection.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Bruce Kaplan
Bruce Kaplan
Visit Broker Website

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Useful Information

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Molidor Rd
Volo, IL 60041

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Molidor Rd
Volo, IL 60041

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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27419 Molidor Rd
  • Bruce Kaplan
    Bruce Kaplan
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