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4.06 Acres Lot
$ 1,250,000
Est. payment | /mo
4.06 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12713452
Annual Tax Amount $17,654
Tax Year 2024
Lot Size 4.060 Acres
Lot Dimensions Each lot 90x700
Property Sub-Type Land
Property Description
Rare Investment & Development Opportunity! Approximately 4.06 contiguous acres situated along the highly desirable Eola Road corridor, offered exclusively as one investment portfolio. The property is currently zoned R-4 Single-Family Residential and includes three existing homes on separate parcels, providing immediate rental income potential while an investor pursues long-term appreciation or redevelopment. Based on its strategic location adjacent to Storage Mart and surrounded by existing commercial and industrial uses, the property is well-positioned for future rezoning. The site may be suitable for a variety of future uses, including commercial, multifamily, or planned unit development, subject to buyer verification and governmental approvals. Located within the highly acclaimed Indian Prairie School District 204, each residence is served by its own private well and septic system, offering flexibility for continued residential use and income generation during the planning process. This is an exceptional opportunity for investors, developers, land bankers, and assemblage buyers seeking to control a significant tract in one of Aurora's most active growth corridors. Opportunities to acquire more than four contiguous acres with existing income-producing homes are increasingly rare. Portfolio includes: 7S151 N. Eola Road, 7S175 N. Eola Road, and 7S201 N. Eola Road. All three properties are being sold together as one investment portfolio. Individual sales will not be considered. I think this version reads more like a professional commercial listing. It highlights the upside while avoiding promises about rezoning, which is important from both a legal and MLS compliance standpoint.
Location
State IL
County Dupage
Area Aurora / Eola
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available
Building
Dwelling Type Land
Sewer Septic Tank
Water Well
Schools
School District 204 , 204, 204
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Tammy Sartain of Keller Williams Innovate