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Not Assigned County Road 600 N Tolono, IL 61880 Land - Farm Active

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Description

Premier 36.74-Acre Development Parcel | Zoned R-1 & Multi-Family | Unit 7 Schools A rare offering: 36.74 acres of prime, future development land positioned directly next to the early phase of the SunnyFields subdivision-an original 1970s project whose expansion was paused due to the developer's passing. (Original Plans available upon request.) This parcel has been used strictly as farmland for over four decades, preserving a clean slate for new construction. It is zoned Residential (R-1) and (R-3) Multi-Family, giving developers flexibility for single-family homes, duplexes, townhomes, or multi-unit opportunities. The property is anticipated to be included in the new TIF district (per current village personnel), providing potential financial incentives for infrastructure and development. Located in highly sought-after Unit 7 schools, with the elementary school located directly across the road-an unmatched amenity for future homeowners. Ideal for builders, investors, and developers seeking a strategic opportunity in a thriving growth corridor.

Property Highlights

Property Type: Land - Farm
Total Acres: 36.74 Acres

General Information

County: Champaign
Listed By:
Renee Pride, Inc. 217-493-7965
MRED MLS
$771,535
Est. $4,901/mo
Active
LOT SIZE 36.740 acres MLS#12520065
STATUSActive PROPERTY TYPELand - Farm SCHOOLDistrict 7

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Not Assigned County Road 600 N, Tolono, IL 61880.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $771,535$771,535$771,535
Down Payment $154,307$27,004$192,884
Monthly Mortgage Amount $3,602$4,421$4,614
Taxes $1074$1074$1074
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$339$0
Monthly Estimated Total $4,901$6,059$5,913

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