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Listing provided courtesy of Hometown Realty, Ltd.MREDas Distributed by MLSGrid- MLS# 11927060MLS Provider

Lot 4 Chrysler DriveBelvidere, IL 61008

Vacant Land · 0.96 Acres
$280,000 Active

Lot 4 Chrysler Drive Overview

Time on Site:
964 days
Visits:
6

There is lots to know here. This land is in the Enterprise Zone, meaning there are huge tax breaks. 80% Tax reduction in year 1. 60% Tax reduction in year 2. 40 % Tax reduction in year 3. 20 % Tax reduction in year 4. Building Permit HALF OFF. PLUS No Sales Tax on all building material. Hi Visibility to Hwy 20. Please see the brochure. Click: Additional Information

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Lot 4 Chrysler Drive Facts & Features

  • Type Vacant Land
  • Lot 0.96 Acres

Details

General

School Information

  • School District: 100

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Boone
  • MLS Area Major: Belvidere
  • Township: Belvidere

Tax Information

  • Tax Annual Amount: $68.96
  • Tax Year: 2022

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0701127005
  • Possible Use: Commercial
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 160
  • Frontage Type: City Street
  • Lot Size Acres: 0.96
  • Lot Size Dimensions: 131X311X136X311
  • Road Surface Type: Asphalt
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

Lot 4 Chrysler Drive Neighborhood

Community

61008 (BELVIDERE) Demographics

39
Median Age
397
Population Density (per sq. mile)
29%
College Educated
$61,639
Estimated Median Income
9,835
Estimated Total Home Owners
2,550
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 4 Chrysler Drive Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 4 Chrysler Drive Market Data

Based on the last 30 days in this zip code

$303,328
Average List Price
$137
Average Price per Square Foot
52
Properties Sold
82
Average Days on Market
122
Properties for Sale
Calculations provided by Reliance Network

Lot 4 Chrysler Drive History

Date Event Value Agent
4/29/2024Source: MRED Status Change
Active
4/24/2024Source: MRED Price Increase
$280,000 13.4%
4/24/2024Source: MRED Status Change
Price Change