This is a lovely old home. The value of the property is the land. Located in the city of Madison, it has frontage on Highway 51 and extends five acres to the Illinois Central Railroad. It is currently zoned for agricultural use, but it could potentially be zoned commercial. The house could be used for a residence or a business. The elevation of the land is flat and could be easily developed. It is surrounded by other properties that are for sale by other owners (approx. 20 acres), so there is the potential for a larger development. There are many mature trees on the property and a small pond.
Where it's located
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