Auction takes place June 15th at noon.The subject property is a slightly irregular shaped parcel which runs north from Laraway Road, approximately one-third mile west of Chicago Road (Route 53), in the southeastern Joliet area. The subject property contains approximately 40.18 acres (approximately 1,750,241 square feet) of gross site area. As of the date of valuation, the northern portion of the site, which has no road frontage and contains approximately 21.30 acres, was unimproved and was used for agricultural purposes. The southern portion of the site, which has frontage along the north side of Laraway Road, contains approximately 18.88 acres, and is improved with the Laraway School, athletic fields and exterior school areas.As of the date of valuation, the extreme western portion of the subject property had been impressed with permanent easements in favor of Union Pacific Railroad and Nicor which encumbered strip-like areas estimated by the Appraiser to contain approximately 51,500 square feet, or approximately 1.18 acres. These easements allow the installation and maintenance of equipment and apply to the surface and subsurface. As a result of the impressment of these easements, the usable area of the subject property is reduced to approximately 39.00 acres (gross site area of approximately 41.18 acres less easement areas of approximately 1.18 acres = usable area of approximately 39.00 acres).
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
