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LOT5 Corporate Pkwy, Belvidere, IL, 61008

$131,000

0.66 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #11927097
Lot Size0.66 Acres
StatusAccepting Backup Offers
(Contingent)

About LOT5 Corporate Pkwy

There is lots to know here. This land is in the Enterprise Zone, meaning there are huge tax breaks. 80% Tax reduction in year 1. 60% Tax reduction in year 2. 40 % Tax reduction in year 3. 20 % Tax reduction in year 4. Building Permit HALF OFF. PLUS No Sales Tax on all building material. Hi Visibility to Hwy 20. Please see the brochure. Click: Additional Information

Property Details

Property Features

Listing Office:

  • Office Name: Hometown Realty, Ltd.
  • Office Phone: (815) 337-1712
  • Listing Agent: Thomas Jurs

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

School Info

Assigned Schools Information:

  • Belvidere High School, Public District Grades 9-12
  • Belvidere South Middle School, Public District Grades 6-8
  • Washington Academy, Public Magnet Grades PK-8

Other

Directions Information:

  • Directions: US Hwy 20 to Crystal Parkway South to Corporate Parkway west to Keene Parkway, then North to Chrysler. This lot (4) is on the Southeast corner of Chrysler Drive and Keene Parkway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $131,000
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Housing Market Comparison

See how this home compares to others in Belvidere, IL.

Med. Sold Price

$228.7K

Med. Price/SqFt

$129

Avg. Days On Market

51

# of Sold Homes

23

LOT5 Corporate Pkwy vs Belvidere

172 DAYS ON ROCKET

+121 Days

$131,000

-$97.7K Less

KEY TAKEAWAY

This property is $97.7K less than the Median Sold Price in Belvidere, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11927097

Listing Office:

  • Office Name: Hometown Realty, Ltd.
  • Office Phone: (815) 337-1712
  • Listing Agent: Thomas Jurs

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$721

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$459

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2822014
4
/10
  • Belvidere South Middle School

  • 919 E 6th St

  • 0.60 miles

  • Public District Grades 6-8

school-card-donut-2822015
2
/10
  • Washington Academy

  • 1031 5th Ave

  • 1.22 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-2822016
2
/10
  • Belvidere High School

  • 1500 East Ave

  • 0.40 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,498. Most Belvidere, IL residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT5 Corporate Pkwy

What is the listing price of this property?

The listing price of LOT5 Corporate Pkwy property is $131,000.

What type of property is this?

The property LOT5 Corporate Pkwy is land located in Belvidere, Illinois, 61008.

Is this property for sale now?

Accepting Backup Offers: LOT5 Corporate Pkwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for LOT5 Corporate Pkwy are:
Belvidere South Middle School: GreatSchools Rating 4/10
Washington Academy: GreatSchools Rating 2/10
Belvidere High School: GreatSchools Rating 2/10

How much acreage is this property?

The property LOT5 Corporate Pkwy is 0.66 acres.
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Rocket HomesIllinoisBoone CountyBelvidere61008LOT5 Corporate Pkwy

This home is located at LOT5 Corporate Pkwy in Belvidere, IL and zip code 61008. This home sits on a 0.66 acre lot. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $131,000.

Over 13 listings were sold over their listed price in March 2024 in Belvidere, IL. In the same period over 5 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Belvidere, IL decreased by 3.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 51 days, the median list price was $228,750.

From Rocket Homes Real Estate and based on county public records data.

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