Church Beecher, IL 60401, Beecher , 60401
Listing ID: MRD11981941
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$6,750,000
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Listed: 7 months ago
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Property Description

Developers and Investors this shovel ready land is ready to go! The property formerly known as the Fifth Third Bank Trust No. 1495 encompassed 181.65 acres before the development agreement between the Village of Beecher, Beecher School District 200U and Fieldgate Development was recorded. The Village and the School District have purchased 20 acres on this site to build a new Middle School and Town park. The development acreage given preliminary plat approval contains 133.5 acres; the densities of this development have been established within the development agreement and if this property is purchased the buyers would also be purchasing the agreement. Since the recording of that agreement the density configuration has been modified and approved by the Trustees of the Village of Beecher and the School Board of District 200U. The final approval of this project consists of R-1 (199 Homes) and R-3 (183 Town homes) for a total of 382 Units. This is providing pertinent information for the project.

Other located at Church Beecher, IL 60401. Church Beecher, IL 60401 is in the Beecher neighborhood.
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Listed by: Keller Williams NW Indiana
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment