Description
This 15.54-acre residential development site is located in the Deer Ridge subdivision, Morris, Illinois and minutes from the I-80/Rt 47 interchange. This is a developers/builder's dream scenario. The parcel is the final chapter in this sought after subdivision, offering the chance for quick builds, sales, and closings. The parcel is already designed for approximately 40 single-family residential lots, ensuring a straightforward path to development. A benefit of this parcel is having the necessary utilities conveniently onsite, streamlining the construction process and lowering initial costs. Also, further benefits include entry monuments, green space, retention areas, and a city park already in place saving the next builder significant time and money. This is the ideal setup for builders looking to hit the ground running. Elegant entranceways create a welcoming ambiance for all residents/guests, wide streets with sidewalks on every lot create an easy way for residents to stroll around the subdivision, onsite pond allows for resident fishing, and the neighborhood park creates a place to play and connect with others. The park is walking distance from this parcel and includes a designated walking path, sledding/exercise hill, playground equipment, and 2 baseball fields. As the final phase for Deer Ridge subdivision, this development promises premium living spaces within a well- established and thriving community surrounded by other single-family homes. Residents enjoy easy access to nearby schools, national chain restaurants, shopping, golf, hospital, Walmart, Menards, along with a brand-new YMCA. Minutes away by car is historic downtown Morris which has a vibrant mix of casual restaurants, small local businesses, bars, salons, upscale dining, bike rental, and places to hear live music. Strategically located along I-80 in the far Southwest suburbs of Chicago, this location is home to many new businesses including the Costco distribution center, the Proctor and Gamble distribution center, along with numerous new national restaurants/shops. This is a rare opportunity for builders to make a significant impact in a growing area with extremely low inventory of new homes for buyers to currently choose from. Previous builder completed closings ahead of their schedule as the demand in Morris for new construction is high. For more information, plans, and viewing arrangements contact us today. This property is waiting for a visionary developer to seize the moment and complete the last phase of this thriving subdivision.
Details
| MLS # | 12613597 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 138 |
| Listing Provided By | Brummel Properties, Inc. | Laura Tomsa |
Features
| Zoning | SINGL |
|---|---|
| Acreage | 15.54 |
Utilities
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 645 |
Area Information
| State | IL |
|---|---|
| County | Grundy |
| City | Morris |
| Zip Code | 60450 |
| Area | Morris |
| School District | Morris Community High School |
| Elementary School | Saratoga Elementary School |
| High School | Morris Community High School |
| Listing VS Median (in 60450) | |
Price: $750,000 low | high Med: $319,200 On site: 138 low | high Med: 213.5 | |
Market Activity 60450
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Learn More About This Property
| State | IL |
|---|---|
| County | Grundy |
| City | Morris |
| Zip Code | 60450 |
| Area | Morris |
| School District | Morris Community High School |
| Elementary School | Saratoga Elementary School |
| High School | Morris Community High School |
| Listing VS Median (in 60450) | |
Price: $750,000 low | high Med: $319,200 On site: 138 low | high Med: 213.5 | |