$341,000
$374,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
2466 Formosa RD Troy, IL 62294
11 Acres Lot
Key Details
Sold Price $341,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 23058645
Sold Date 12/01/23
Annual Tax Amount $808
Lot Size 11.000 Acres
Acres 11.0
Property Sub-Type Farm
Property Description
11 +/- acres at $34,000 per acre. Will consider dividing into 5 or 10 acre parcels, pricing will vary depending on location.
Logistically located for ample interstate access. 850' frontage along Formosa Road and 1050' frontage along Bouse Road. Currently zoned agricultural, commercial light industrial potential. Surrounded by multi-use, light industry, commercial, residential and multi-family. Ground is located in the County. Rezoning will be responsibility of buyer and will need to be approved by the City of Troy and Madison County. Access to all utilities. Sewer and Water available at the property. Utility Diagrams are in photos. Gas line runs along property side of Formosa Road. SW Electric available along north side of Bouse Road and overhead on east side of property along Formosa Road. Buyer is responsible for verifying and accepting utilities prior to closing. Agent Owned
Location
State IL
County Madison
Interior
Fireplace N
Exterior
Parking Features false
Utilities Available None, Water Not Available
View Y/N No
Building
Lot Description Adjoins Open Ground, Farm
Water None
Schools
Elementary Schools Triad Dist 2
Middle Schools Triad Dist 2
High Schools Triad
School District Triad Dist 2
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with ChristiJBerg