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$2,500,000
Est. payment /mo
2.5 Baths
64 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12272376
Style Farmhouse
Full Baths 2
Half Baths 1
Annual Tax Amount $9,170
Tax Year 2023
Lot Size 64.000 Acres
Lot Dimensions 2640X711X1980X1322
Property Sub-Type Land
Property Description
64 acres of PRIME DEVELOPMENT land in the GROWTH zone of Hampshire, Illinois. This historic dairy farm still boasts of having a charming farmhouse (over 100 yrs old and completely remodeled in the 1970s), a large dairy barn, a tool barn, and a smokehouse. The site has a middle section of about 20 acres peppered with trees, two scenic stocked ponds and includes the improvements, which are "bookended" by approximately 20 acres to the north and 20 acres to the south consisting of tilled farmland. Excitingly, the Property backs up on the east side to the recently developed Tamms Farm neighborhood (Lennar) and two newer Hampshire Schools properties including the high school and various sports fields. Despite the lengthy border of Tamms Farm, only 10 of their homes are adjacent to the east line of the subject, yet two of the Tamms streets stubs into this property, making for the perfect set up for the continuation of residential development. The ever-important utilities are located on the property along the south and west lines. Crown Development is in the process of developing 1,900 homes in this growth zone and the Village of Hampshire has slated this property for "Large Lot SF Residential" in their Future Use Plan, but ultimately the plan for subject will be negotiated with the village during the annexation and overall land use processes. The Property is a 5-minute drive from the Rt 47 & I-90 interchange and a short drive to downtown Huntley. There is a farm lease in place for 2025. Listing agents are ready to answer any questions.
Location
State IL
County Kane
Area Hampshire / Pingree Grove
Zoning AGRIC
Rooms
Basement Unfinished, Full
Interior
Fireplaces Number 1
Fireplace Y
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Building
Dwelling Type Land
Schools
School District 300 , 300, 300
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Listed by Mark Coleman • Coleman Land Company