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
MLS ID: 12520065
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Not Assigned County Road 600 N, Tolono, IL 61880.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $739,900 | $739,900 | $739,900 |
| Down Payment | $147,980 | $25,897 | $184,975 |
| Monthly Mortgage Amount | $3,501 | $4,356 | $4,534 |
| Taxes | $1030 | $1030 | $1030 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $325 | $0 |
| Monthly Estimated Total | $4,747 | $5,927 | $5,780 |