Apartment Land - $3,036 / Unit Land Cost

Vacant Land for Sale
Catylist Listing ID: 30215264
Property Subtypes: Agricultural, Hospitality, Multi-Family, Residential (Single Family), Other
Gross Land Area: 6.90 Acres
Sale Price: $170,000
Unit Price: $24,637 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

Bank owned. Land site adjacent Countryside Shopping Center in Poplar Grove, IL. Village has expressed a willingness for apartment buildings. 4-unit buildings are adjacent to the site. Sales price represents $3,036 per unit over an estimated 56-unit apartment development. Final Layout and village approval are responsibility of buyer.


Finance Data Year 2016
Real Estate Taxes - Annual($) $139 (Annual)

Additional Details

Nearest MSA: Rockford
County: Boone
Tax ID/APN: 03-26-400-014
Zoning: R-1
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,946 12,967 20,996
Median Age: 35.51 34.96 38.2
Households: 975 4,127 6,867


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Rockford Area REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.