2918 Grove Lane

Cary, IL 60013

  • 2 Bed(s)
  • 1 Bath(s)
  • 0 Sqft
$375,000

Description

Investor developer alert! Special home site buyer alert! This is a spectacular real estate opportunity you do not want to miss! Start with three wonderful, continuous, quarter acre, river view lots and two continuous, 10 foot wide by 174 foot deep, river front lots, perfectly located in the quiet friendly neighborhood of Cold Spring in unincorporated Cary. The 3 quarter lots have separate pins & the two, 10 foot river front lots are privately owned & deeded. The 3 quarter acre lots are situated amongst mature landscaping and the entire site area spans approximately 37,879 square feet along very level, buildable land. There currently an existing home neglected over the years. It is red brick with a stone fire place and front, approximately 1000 square feet with two bedrooms and 1 bath. Originally built in the 1920s and this ranch is in need of lots of TLC, meaning a total gut rehab. There also is a detached two car garage in need of repair. The 2 river front lots offer a concrete seawall right in the Fox River. Other notable features are the property is adjacent to a McHenry conservation area and backs up to the village of Trout Valley. The property also has a private well and septic tank, in addition to there being a recent boundary survey available. Plus feel secure in your investment because this is part of a redeveloping area with a new $340,000 house across the street to one direction and a sprawling brick estate across the street another direction. These prime lots offer huge development potential for multiple homes, one big home or possibly a multi-unit dwelling with proper approval. Take a real good look and hurry, because an opportunity like this one will not be available long. Cary is a dynamic, growing community with great schools and close by access to every imaginable convenience.

  • PROPERTY TYPE

    Single Family Home
  • County

    Mchenry
  • FULL BATHS

    1
  • YEAR BUILT

    --
  • LIVING AREA SIZE

    --
  • FLOORS

    1
  • GARAGE

    2 Car
  • AD ID

    38764035
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Property Details

  • Property Features

    Features
    • Waterfront
    • Laminate Flooring
    Interior Features
    • Fireplace
    Lot Description
    • Un-Paved
    • Fenced Yard
    • Fireplace
    • Garage
    • Porch / Lanai
    • Shed
    • Unincorporated
    • Waterfront
    • Well Water
    • Acreage
    • Great Community
    • Mature Landscape
    • 3 River View Lots
    • Frontage on Fox River
    • Huge Development Potential
    • 3 1/4 Acre Lots
    • 2 10x74 Lots
    • Riverfront
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