Montgomery, IL 60538,251 Sherman AVE
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Montgomery, IL 60538,251 Sherman AVE
Montgomery, IL 60538,251 Sherman AVE
Montgomery, IL 60538,251 Sherman AVE
Montgomery, IL 60538,251 Sherman AVE

$820,099

Est. payment /mo

$850,000

3.5%
Est.Price: ?

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251 Sherman AVE Montgomery, IL 60538

3 Beds

2.5 Baths

3,750 SqFt

SOLD DATE : 06/11/2024

Key Details

Sold Price $820,099

Property Type Single Family Home

Sub Type Detached Single

Listing Status Sold

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $218

MLS Listing ID 11990858

Sold Date 06/11/24

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1958

Annual Tax Amount $21,310

Tax Year 2022

Lot Size 13.360 Acres

Lot Dimensions 409X1370X426X1483

Property Description

This 3 bedroom, 2 1/2 bath, with approx. 3750sf home of above grade living space sits on 13+ prime acres of well manicured grounds with mature trees throughout offering a unique opportunity to make this your own residence or purchase as an investment. The property is currently zoned R-1 for possible subdividing for a roughly 30 SFH development. Sellers attorney is in discussions with city for re-zoning consideration for multi family or assisted living facility. Prospective buyers do your due diligence. Note that the inlay lot currently brings in roughly $2500/month in rental income from the primary residence and rental of garages and barn (this is well under market value) creating an outstanding buy and hold opportunity. North frontage is 409.72' on Sherman Ave, east is 1370.60', south is 426.31' on Montgomery Road and west is 1483.61'. Note that water line is 8", sewer line is 30" and storm sewer line is 24" all along Sherman Ave. DO NOT DISTURB TENANTS. APPOINTMENT REQUIRED.

Location

State IL

County Kane

Area Montgomery

Rooms

Basement Partial

Interior

Heating Natural Gas

Cooling Central Air

Fireplaces Number 4

Fireplace Y

Exterior

Exterior Feature Deck, Patio, In Ground Pool

Parking Features Attached, Detached

Garage Spaces 8.0

Community Features Pool

Building

Sewer Septic-Private

Water Public

New Construction false

Schools

School District 129 , 129, 129

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Frank Commisso • @properties Christie's International Real Estate
Bought with Leigh Anne Scoughton • HomeSmart Realty Group

Craig Hogan

+1(773) 742-5929

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