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Land Lot Rt 5 Cherry Valley, IL 61016 Land - Farm Active

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Description

Here's a rare chance to own 15 acres right in Cherry Valley, a spot that gives you the best of both worlds. The property has 2 acres +/- with high elevation, a solid stone base that would make a great building site for a single-family home, and is surrounded by 13 acres +/- of woods & wetlands. Whether you're looking to put up a house, have space for outdoor hobbies, or just enjoy the woods, this land sets you up for it all. This property is in close proximity to downtown, which has a little bit of everything - shops, restaurants, and local places where you can grab dinner at Salamone's and ice cream at Cattle & Cream. There are also several parks and community spaces, so you're never far from something to do. It's the kind of place where you still get that small-town feel, but you're not cut off from what you need. Another big plus is how convenient the location is. You've got quick access to I-39 and I-90, so getting to Rockford, Belvidere, or even the Chicago suburbs isn't a problem. You can have your peace and quiet at home, but still get to work or town in no time. Land like this doesn't come up often in Cherry Valley, especially with this much space and privacy. If you've been looking for a place where you can build, stretch out, and still be close to town, this 15-acre property checks all the boxes.

Property Highlights

Property Type: Land - Farm
Total Acres: 15.11 Acres

General Information

County: Winnebago
Listed By:
Whitetail Properties Real Estate LLC
Rockford Board of Realtors
$99,500
Est. $696/mo
Active
LOT SIZE 15.110 acres MLS#202600059
STATUSActive PROPERTY TYPELand - Farm SCHOOLRockford 205

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Land Lot Rt 5, Cherry Valley, IL 61016.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $99,500$99,500$99,500
Down Payment $19,900$3,483$24,875
Monthly Mortgage Amount $458$562$595
Taxes $138$138$138
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$44$0
Monthly Estimated Total $696$844$833

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