Subdivision Land


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Location: Beecher, IL, 60401
UPCOMING AUCTION  Bidding period to be scheduled

Nantucket Cove Subdivision in Beecher, IL

 Auction Ordered by Court Appointed Receiver; Seller reserves the right to reject any offer.

Previously Valued At Over $3,500,000

New Minimum Bid/Published Reserve Price: $499,000 (Reduced from $540,000) Plus 6% Buyer's Premium

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Combined Acreage: Approx. 39 Acres (Total of 127 Lots)

Single Family Lots: 112

Common Area Lots: 13

2018 Taxes: $37,685 (Paid in 2019)

Zoning: R1-Planned Unit Development (PUD)

Price just drastically reduced to a minimum bid/published reserve of only $499,000 plus 6% buyer’s premium! This subdivision portfolio package includes 112 vacant single family lots, 13 common area lots, a partially completed model home on one lot and a partially completed foundation lot. Pre-auction offers are highly encouraged!

This approximately 39 acre parcel of land is fully-developed and includes 112 vacant single family home lots, 13 common-area lots,  a partially completed model home (1758 Wincasset Court) on a lot, and a partially completed foundation (127 lots total) in the Nantucket Cove subdivision in Beecher, Illinois (Will County). Beecher is located approximately 41 miles and a 50-minute drive from downtown Chicago.

The subdivision’s development started in 2005 with 171 marketable single-family home lots. To date, approximately 55 lots have been sold and most of these lots have homes and occupants. New home values in this subdivision have averaged in the mid to high $200k range. There are some homes in the subdivision in the $300k plus range.

Nantucket Cove is zoned as an R1-Planned Unit Development (“PUD”). The entire development is nearly complete with all roadways and utility infrastructure. A future bike path throughout the subdivision is the only remaining development requirement of the Village of Beecher. There are some excess dirt mounds on the property and the model home has had some water in the basement.

Sold "as-is", where-is with no warranties and no guarantees.

SCHOOL DISTRICT  200U:

Beecher Elementary School

Beecher Junior High School

Beecher High School

**3 STEPS REQUIRED TO REVIEW PROPERTY DOCUMENTS IN THE VAULT: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON DOCUMENT & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE DOCUMENT 

View Property Flyer - Entire Portfolio Package (PDF)

View Property Flyer - Model Home (PDF)

View Property Flyer - Foundation Lot (PDF)

View Purchase and Sale Agreement (PDF)

View Purchase and Sale Agreement - Individual Lots Only (PDF)

 

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Location: 720 West Ruhl Road, Palatine, IL, 60074
THIS AUCTION IS CLOSED

Approximately 4.65 Acres in a PUD in Dunhaven Ridge Subdivision, Palatine, IL

Property Value: $1.4 Million (Appraised at $7.05 per SF)

Asking Price: $1,299,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Land Area: Approx. 4.6561 Acres (Approx. 202,819.63 sf)

2018 Total Taxes: $32,634.73 (5 PIN #s)

720 Ruhl Road

PIN #: 02-03-106-006-0000

2018 Taxes: $8,612.56

672 Ruhl Road

PIN #: 02-03-106-010-0000

2018 Taxes: $12,618.71

17 Rosiland Drive

PIN #: 02-03-106-017-0000

2018 Taxes: $917.07

1808 Rosiland Drive

PIN #: 02-03-106-007-0000

2018 Taxes: $4,715.16

15 Rosiland Drive

PIN #: 02-03-106-015-0000

2018 Taxes: $5,771.23

Zoning: P – Planned Unit Development

County: Cook County

Township: Palatine

Subdivision: Dunhaven Ridge Subdivision

This parcel of land consists of approximately 4.6561 acres and is within the Dunhaven Ridge Subdivision in Palatine, Illinois. Some lots have frontage along Ruhl Road and some have frontage along Rosiland Drive. These are wooded lots with 3-5 vacant homes/structures on the property which need to be demolished. A zoning process took place 4 years ago to subdivide the parcel of land into 13 lots which has expired and would have to be restarted.

All private and public utilities are available to the subdivision. The lots are surrounded by the Forest Preserve. This is one of the last available parcels in a densely populated residential neighborhood.

The subdivision is located one quarter mile south of the main intersection where Lake Cook Road and Quentin Road meets. One common address of the property is 720 West Ruhl Road / Dunhaven Ridge Subdivision, Palatine, IL 60067. It is just a 3 minute drive from Deer Park Shopping Center.

Located in the Village of Palatine in Cook County, this property is just 26 miles from Chicago, and 18 miles from Chicago O'Hare International Airport. Neighboring communities include Arlington Heights, Buffalo Grove, Hoffman Estates, Mount Prospect, Prospect Heights, Rolling Meadows, Schaumburg, and Wheeling.

SCHOOLS:

Elementary School
School District 15

High School
School District 211

**3 STEPS REQUIRED TO REVIEW PROPERTY DOCUMENTS IN THE VAULT: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON DOCUMENT & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE DOCUMENT

View Property Flyer (PDF) 

View Purchase and Sale Agreement (PDF)

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Location: 1681 Gerber Road, Bartlett, IL, 60103
THIS AUCTION IS CLOSED

15 SF Lots in the Jacaranda Subdivision in Bartlett, Illinois

Call for Best and Final Offers by 5 pm CST, October 1, 2019

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Gross Land Area: Approx. 357,146 SF (Approx. 8.20 Acres)

Net Lot Area: Approx. 170,717 SF (Approx. 3.92 Acres)

Number of Lots: 15

2017 Taxes: Seller is Tax Exempt

PIN #: 01-14-400-013

Zoning: SR-2 PUD, Suburban Residence Single Family District

County: DuPage County

Township: Wayne Township

Subdivision: Jacaranda Subdivision

This property consists of 15 single family lots within the Jacaranda Subdivision in Bartlett, Illinois. Lots 1 through 10 have frontage along the north side of Jacaranda Drive and lots 11 through 15 have frontage along the proposed Winston Lane. Lots 1 through 10 have direct access to Jacaranda Drive and lots 11 through 15 require additional roadway and infrastructure improvements.

All private and public utilities are available to the subdivision. The lots along Jacaranda Drive have utilities to each lot. Utilities to the proposed Winston Lane lots will require construction. 

The subdivision is located along the north and east side of Jacaranda Drive, just east of Gerber Road, between Schick Road to the north and Army Trail Road to the south. The common address of the property is 1681 Gerber Road / Jacaranda Subdivision, Bartlett, IL 60103. 

This property is located in the Village of Bartlett, approximately 31 miles northwest of downtown Chicago. Bartlett is located in Cook, DuPage, and Kane Counties and encompasses approximately 14.55 square miles.  Neighboring communities include Streamwood and Elgin to the north, Hanover Park to the east, Carol Stream and West Chicago to the south, and the Village of Wayne and South Elgin to the west.  Most of the Village of Bartlett is located in Wayne Township, but the northern portion is in Hanover and Elgin Townships.  

SCHOOLS:

Hawk Hollow Elementary School
School District U-46, IL K-6

Eastview Middle School
School District U-46, IL 7-8

Bartlett High School
School District U-46, IL 9-12

The Hawk Hollow Elementary School is located in the subdivision on the southwest corner of the proposed Winston Lane and Jacaranda Drive in the Jacaranda Subdivision.

 **Being Sold As-Is by the Board of Education of School District U-46, Kane, Cook and DuPage Counties, Illinois**

***This sale is subject to approval by the Board of Education of School District U-46, Kane, Cook and DuPage Counties, Illinois (Seller)***

**3 STEPS REQUIRED TO REVIEW PROPERTY DOCUMENTS IN THE VAULT: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON DOCUMENT & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE DOCUMENT 

View Brochure (PDF)

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