9391 Sherrill Rd - Commercial LAND FOR SALE


Morris, IL 60450 306,662 SF
$190,000 USD
708-906-0270
9391 Sherrill Rd, Morris, IL for Sale
$190,000 USD
Commercial LAND - FOR SALE
1/1
306,662 SF

9391 Sherrill Rd
Morris, IL 60450


HIGHLIGHTS

  • Current Tax Class: 0021 - Farmland 2024 Taxes: $688.56
  • Total Acreage: 7.04 Acres
  • Development Potential Upon securing a traditional variance for the 10-acre minimum area requirement, the property can support several high-value uses.
  • Permitted Uses: Surface/open pit mining, extraction, and processing of sand, gravel, and limestone.
  • Special Uses (via permit): Asphalt or concrete batch mixing plants (Ready Mix) and associated recycling facilities.

OVERVIEW

Investment Highlights Strategic Industrial Zoning The property is currently zoned M-3 (Aggregate Materials Extraction, Processing, and Site Reclamation District). While it currently operates under a farmland tax classification, it is positioned for high-value industrial operations. Premium Site Characteristics Superior Soil Quality: Primary soil is Martinton Silt Loam, offering stable ground suitable for heavy equipment and industrial development. Ideal Topography: The site is flat with an average elevation of 595 feet, significantly reducing grading costs for future extraction or plant construction. Minimal Flood Risk: 81% of the property is located in Zone X (Minimal Flood Hazard), allowing for efficient and strategic site planning. Development Potential Upon securing a traditional variance for the 10-acre minimum area requirement, the property can support several high-value uses. Permitted Uses: Surface/open pit mining, extraction, and processing of sand, gravel, and limestone. Special Uses (via permit): Asphalt or concrete batch mixing plants (Ready Mix) and associated recycling facilities. The M-3 Zoning The property is currently zoned M-3, the Aggregate Zoning and Site Analysis Materials Extraction, Processing and Site Reclamation District. However, the property size of 7.04 acres is short of the "greater than ten (10) acres" minimum requirement for this district. This presents an approx. thirty % deficit. The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

FOR SALE DETAILS

PRICE

$190,000 USD

PRICE/ACRE

$26,989/AC

PRICE/SF

$0.62 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Lisbon

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial, Cement/Gravel Plant

LAND ACRES

7.04 AC

LAND SF

306,662 SF

OFFSITE IMPROVEMENTS

-

ZONING

M-3

APN/PARCEL ID

08-33-400-002

ASK ABOUT THIS PROPERTY

Peter PoulosPeter J. Poulos Real EstateMore Info
708-906-0270

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Peter PoulosPeter J. Poulos Real EstateMore Info
708-906-0270

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.