Terrific price on this residential .246 acres wooded vacant lot $30,000

Lake Lot Off Market

Terrific price on this residential .246 acres wooded vacant lot at south-west corner of Kenmore Lane & IL Route 83. Formerly had 1-story home on it with concrete drive still in place off Kenmore Lane. Lot features mature trees. Sanitary Sewer Nearby. Well is required. There is an existing well, but it is unknown if existing well is functional or repairable. Located near Diamond Lake and backs up to natural setting. (A part of Diamond Lake Soccer Complex). The address of your new home could possibly be changed to Kenmore Lane. Motor home on property will be removed prior to closing. Illinois Department of Transportation is planning to widen Hwy 83 to 4 lanes and add a sidewalk. To do this IDOT will need to acquire a strip of right-of-way along east edge of the property. The strip would be roughly 10 feet wide at the south end of the property and 20 feet wide at the north end of the property. Per IDOT survey they would acquire about .05 acre so that instead of a .255 acre parcel, the remaining parcel would be .205 acres. IDOT is planning to acquire land needed for this project between now and the end of 2025. IDOT is planning to begin work on this project spring of 2026. IDOT is in the process of obtaining appraisals on the parcels that they need as they command they will begin negotiations to acquire the right of way. At this time we do not know how much IDOT would pay for the right-of-way they intend to acquire. They will deal with whoever is the owner at the time they are ready to move ahead with offers. Surveys and other information showing the lot and the proposed right-of-way acquisition can be provided upon request.