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Hampshire, IL 60140 - 34 improved lots in a great location on about 9 acres acres- Road & infrastructure complete- Fully serviced - Ready to Build.

Hampshire, IL 60140 - 34 improved lots in a great location on about 9  acres-
Road & infrastructure complete- Fully serviced - Ready to Build.

Great Development Opportunity:

 Available for immediate development- All approved & subdivided

ALL INFRASTRUCTURE COMPLETED  CURBS, STREETS, SEWERS AND LIGHT POLES ARE ALREADY IN, READY FOR YOU TO BUILD! 

34 Level improved lots at Allen Road to Wild Prairie Pointe, Hampshire, IL 60140, located in Neighborhood O of the Prairie Ridge master planned Community. 

GREAT PRICE, GREAT VALUE FOR LOT IMPROVED LOTS IN A GREAT LOCATION- INFRASTRUCTURE, UTILITIES ALL DONE - READY TO BUILD

 

Ideal for building large Single Family Detached Houses in a nice attractive location with easy access to state roads and close to many facilities and amenities.

10 min to major expressway, 20 minutes to large shopping outlet centers and less than 1 hour to a major international airport.

Within commutable distance of Chicago City.

Quiet country location just outside of world class amenities.

Property located within 1 mile of the rapidly developing popular town of Hampshire, Illinois.

Convenient location close to a wide variety of major retail stores and  restaurants.

Expanding and highly popular location: Population growth since 2000: over 130%

Great investment-

Ideal for a large single family home.

8.898 acres with lot sizes ranging from: 0.201 Acres to 0.473 (see attached schedule)

Average Lot depth: 135ft to 155 ft and  Width: 65 ft to 85 ft

Minimum sq ft of houses to be built:

1 storey: 1,700 sq ft

2 storey: 2,000 sq ft

 

34 Level Fully Serviced lots- Road and infrastructure complete- in a great location:

  • Easy access to good road network
  • Pleasant and quiet natural setting
  • Close to world class amenities and facilities

READY TO START BUILDING:

  • Lots already Zoned and sub-divided
  • Annexed to the village of Hampshire Illinois
  • Roads already built and asphalt laid and completed
  • Fully serviced- Utilities already connected. The site is already served with 

                  .Village water/sewer(including services) 
                  .Gas
                  .Electrics
                  .Cable/ Internet
                  .Phone
 

 

Prairie Ridge Community offers Design Guidelines which maintain quality in the community without being restrictive (see attached copy of the guidelines under 'more details')

Great development opportunity:

Improved lots ready to build allowing the developer easy budgeting and significant savings on development time and finance costs.

Just submit your designs and start building and selling:

Submit your plans for each house and start building in no time, no roads or utilities to worry about, major infrastructure costs already spent.  

Great location:

Features the best of both worlds:

  • Easy access to good road Network:  I-90, Route 47, and Route 72
  • Surrounded by a quiet, natural country feel setting

Many lots overlook a small a beautiful small lake and some lots overlook a nearby farm which gives it a unique country feel.

The property is located on Allen Rd at the Wild Prairie Point intersection, just over 1 miles away from Hampshire village in a beautiful country feel setting yet close to world class amenities. The location is outstanding with convenient access to major expressways and local facilities and amenities, while maintaining a hometown feel. The area has many great schools, is a great park district,  and boast many recreational amenities and shopping facilities.

Shopping and recreational facilities:

The town of Hampshire has many local stores, restaurants, banks and several amenities.

Further afield but within short driving distance, there are several large shopping malls and entertainment and recreational facilities

  • Algonquin shopping malls (14.5 miles):
  • Algonquin Commons  600,000 sq ft with 80 stores and restaurants
  • Algonquin Galleria 1 million sq ft with over 150 stores and restaurants on 110      acres (under construction) 

The Algonquin Galleria and Algonquin Commons combine to form the second largest retail complex in the state of Illinois.

  • Geneva Commons, Geneva, IL (22.0 miles)
  • Huntley outlet Center, Huntely IL (9.0 miles)
  • Stars Crossing, Pingree Grove , IL (4.8 miles)
  • Elgin Shopping Mall, Elgin, IL (14.5 miles)
  • Really Big Shopping Mall, Elgin IL (14.2 miles)
  • The Family Mall, Elgin IL (14.5 miles)

Recreational Facilities:

The property is close to many centers of activity with events community gatherings and celebrations to concerts and fun runs.

  • Hampshire Park
  • Kane County Forest Preserves
  • Randall Oaks Recreational Center (11 miles)
  • Seyller Park
  • Bruce Ream Park

Schools:

Close to several good highly rated schools:

4 Elementary schools

2 Middle Schools

1 High School plus a new High school 5 minutes down the road

The property is within commuting distance of Chicago and about 45 minutes drive to a major international Airport:

  • Downtown Chicago: 55 miles (58 minutes)
  • Chicago O Hare International Airport : 42 miles (44 minutes)

 

Demographics (within 5 miles):

Population: 15,069

Population change: 2000-2013: +130.62%

Average household income: $80,000

 

Finished homes comps:

Example of finished new homes of similar size  for sale by other developers in the area:

Ryland Homes:

Tuscany Wood

Tuscany Woods (Distance from the site 3.3 miles) - (1595 - 2455 sq.ft.) : $175,000- $215,000 (7 homes to be available soon)

Lakewood Crossing  The Meadows (Distance from the site 4.9 miles) - (1595 - 2455 sq.ft.) : $175,000- $215,000 (9 homes to be available soon)

William Ryan Homes:

Hampshire Highlands (Distance from the site 2 miles) - (1798- 3294 sq ft) : $245,000- $305,000 (12 homes available now)

 

Other homes for sale:

12 N 204 Route 47 Hampshire, IL 60140- 1,760 sq ft - 3 Bed - $340,000

684 Hampshire Dr. Hampshire, IL 60140 - 2,640 sq ft - $310,000

45W288 Sumac Ln. Hampshire, IL 60140 - 2,966 sq ft - $399,900

 

Great Investment:

According to Trulia.com:

Average listing price in 60140 is:  $235,424

Average sale price in 60140 is:      $219,750

 

Great rental income for completed houses:

3 bed houses are renting for $1,675/ month 

4 bed houses are renting for $2,395/ month 

(hotpads.com)


Comps: lots for sale:

Unimproved (no roads or infrastructure):

43W865 US Route 20, Hampshire, IL 60140- (distance 3.7) - 13.56 acres- $1,500,000- (unimproved)

43W931 Rt. 20, Hampshire, IL 60140 - (distance 3.8 miles)- 1.5 acres- $570,600 (unimproved)

Route 20 and Rte. 47, Hampshire, IL 60140 (distance 5 miles)- 45 acres - $5,488,500- (unimproved)

 

Improved (roads or infrastructure):

Higgins Road & Route 20, Pingree Grove, IL 60140 - (distance 5.5 miles) - 29 acres- $5,396,500 (improved with utilities and roads)

 

Approvals and design requirements:

The lots have been zoned and annexed to the village and infrastructure and services in place. To proceed the builder just needs to submit plans for approval by:

1. Design Review Committee of the Prairie Ridge Community (approval takes up to 15 days). The Prairie Ridge Community offers design guidelines (copy attached )which also describes the documents and plan that need to be submitted for approval.

The design guidelines are intended to ensure that high standard of home designs is maintained throughout the community. This ensures high quality development on the community without being restrictive, which maintains quality and ensures homes command higher prices. It specifies set back dimensions, discourages and restricts repetition, and specifies minimum size:

Minimum sq ft:

1 storey: 1,700 sq ft

2 storey: 2,000 sq ft

Design guidelines also cover colors, exterior sidings, facades and porches, roof, garages and driveways as well as decks, patios, swimming pools, auxiliary buildings, play equipment, antenna and dishes and landscaping and fencing.

2. The Village of Hampshire for building permits for each house.

 

Note:

Three homes have already been built and occupied in neighborhood O where the property is located. They are shown in the pictures for information purposes only and are not part of the property.

 

Sold AS IS, WHERE IS -  No LIENS.

 

The current community assessment is $35 per lot per month.
Sold with buyer assuming the real estate taxes.  There are no liens.

Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer. Buyer is responsible for 9% auction premium. There are no document preparation fees.

10% non-refundable deposit, auction premium of 9% are to be paid within 48 hours of auction close.  Final Payment to be made within 4 weeks of the Auction close.

All bidders to do their due diligence and verify directly. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Sold with buyer assuming all taxes. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.

 

OVER 65 AUCTIONS ALREADY SOLD ON BID4ASSETS, CHECK OUT OUR PROPERTY PAGE FOR CURRENT AUCTIONS:
http://www.bid4assets.com/v5/search/#t=s|s=507829|sc=bidclosetime|so=ASC

 

Parcel ID #:

01-21-254-006

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