Active

0000 S Spencer Street

Montgomery IL, 60538

$996,000


$1.05 per sqft

Active

21.77 Acres

Land

Courtesy of Whitetail Properties Real Estate, LLC

Here's a rare and promising opportunity to acquire 21.77+/-acres of tillable farmland located in a highly desirable area bordering the Village of Montgomery. The property boasts convenient access with approximately 325 feet of frontage along fully paved Spencer Street. The land has historically been utilized for agriculture, with crop rotations between corn and soybeans. The topography is largely level, and benefits from an excellent productivity index (PI) of 143. The soil composition primary consists of Drummer silty clay loam and Dresdin silt loam. For the upcoming year of 2025, the farm tenancy is open, offering flexibility for the new owner. Surrounding the property are a blend of residential homes and businesses to the north and west, while the southern and eastern borders abut agricultural fields. Additionally, the property's northern edge is adjacent to the Virgil Gilman Trail, a popular recreational trail for walking and biking. Notably, a recently constructed 22X42ft metal-sided outbuilding with solar-lighting is conveniently situated in the northwest corner of the property. Subject to proper zoning approval from the county, this site presents an ideal opportunity for development. It is uncommon to find such a large tract of tillable land in close proximity to residential subdivisions, schools, golf courses and public transportation. This property offers a unique combination of tillable farmland, location, access, and development potential, making it an attractive investment opportunity!

11979973

MLS ID

February 13, 2024

Listed

February 20, 2025

Updated

Exterior/Building Features

Lot Size

21.77 Acres

School Information

School District

131

Other Property Details

Area Name

Montgomery


Taxes

$1,038


Tax Frequency

Annually


Days on Market

187


Garage

No


Parking Total

0


View

No


County

Kane


Municipality

Aurora


Pool

No


Utilities

Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby


Zoning

AGRIC

Courtesy of Whitetail Properties Real Estate, LLC, Mark Leonard,
Listing Contact: 630-746-8468 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than LaToya Moore are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 2/20/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:04 AM UTC, 2/20/2025

 

 

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