PROPERTY: Heres your chance to create a brand new residential subdivision along Stevens Creek (how about The Meadows at Stevens Creek?) in this upper-middle class area of Decatur. This was previously a golf club & swimming pool resort and it has been steadily maintained since its closure. The grounds are still beautiful and the brick-construction clubhouse is currently very clean and sound. Just beyond the gate at the end of Sun & Fun Drive is a parking lot to the right, cul-de-sac and clubhouse & pool straight ahead, and golf course to the left. You have about 10 acres of flat & elevated ground on the east side of the property to develop creekside lots, while the golf course area to the west, which mostly lies within floodplain, can be used as a community park amenity (or even a driving range). A bike path has already been developed on the north and east sides of Stevens Creek, so connecting, expanding, or complementing that feature into this property would add immense value. Indeed, take one short walk around and its easy to see the vast potential of this property as the future prize of north Decatur! Power runs into the property and water and sewer runs along Sun & Fun Drive, waiting to be extended beyond the gate here. Well and septic is the current setup. The city of Decatur offers boundless recreational opportunities, with Lake Decatur just 17 minutes to the south, home to historic Nelson Park, and offering water sports, wildlife vistas, miniature golf, dining, public gardens and picnic facilities on over 2,800 acres of water and 30 miles of shoreline. Major shopping, including Sams Club, Walmart, Ross, Lowes, and Kohls, is only a few minutes away from this spot. Dont miss out on this incredible development opportunity at a discounted Acretown price grab it today!

Call or text Scott directly at 314.639.9777 or email info(at)acretown(dot)com if you have any questions or would like to make an offer. Weve posted a lot of info below including critical instructions for visiting the property so please keep reading!

Best Deal in the Market Check Zillow or Realtor and Youll Agree!

PROPERTY DESCRIPTION

ADDRESS (street # estimated use GPS for navigation): 8 Sun & Fun Court, Decatur IL 62526

SIZE: 18.48 acres

GPS COORDINATES: 39.906000, -88.961139

APN: 07-07-22-456-014 + 07-07-22-476-001 + 07-07-27-201-035

ABRIDGED LEGAL DESCRIPTION:

07-07-22-456-014 = 12.68 ACS PT W1/2 SE1/4 LYG US 51 BEG INTER E LN & S ROW SD RD S717.31 W433.05 N230 W705 N200 W140.39 N TO S ROW SD RD E TO POB

07-07-22-476-001 = 4.8 ACS SW COR E1/2 SE1/4 LYG SW OF I-72 96BK2645/91

07-07-27-201-035 = E196.41 N221.78 NW1/4 NE1/4 96BK2645/91

PLAT MAP/SURVEY: none

TITLE: General Warranty deed (clean no back taxes, no liens)

MINERAL RIGHTS: any mineral rights we own will convey to buyer (we have no knowledge of severance of mineral rights by a previous owner)

FLOODPLAIN: overlays an approximately 9.34 acre semi-circle of the north/northwest part of the property, along the creek (see photos or Interactive Map)

ELEVATION: 672 feet

TERRAIN: flat + gently rolling

CONDITION: defunct golf course, well maintained, healthy grass and trees

ACCESS: via gated cul-de-sac at the end of Sun and Fun Court

POWER: available

WATER: available via City of Decatur or existing well

WASTEWATER: available via City of Decatur or existing septic system

TAXES: $15,874.72 in 2021 (for all three parcels)

HOA: none

HOA FEES: none

DEED RESTRICTIONS: none

ZONING: R1 Single Family Residential (summarized below, see full doc here)

minimum lot size (for subdividing) = 20,000 sf

min lot width = 80 ft

min front yard depth = 30 ft

min rear yard depth = 20 ft

min side yard = 10 ft

max building height = 2.5 stories/35 feet

modular homes on permanent foundations OK

civic uses like parks, library, museums OK

conditional uses include golf course, public pools, cemetary, day care

SCHOOL DISTRICTS: Parsons (Elementary) Stephen Decatur (Middle School) Macarthur (High School)

NEAREST CITIES: Decatur, Springfield, St. Louis, MO

NEAREST AIRPORTS: Decatur Airport (21 mins), Abraham Lincoln-Springfield (50 mins), St. Louis-Lambert International (2 hrs 38 mins)

CITY GOVERNMENT

Planning & Development

Property Tax

VISITING THE PROPERTY

You can go view the property at your convenience owner does not need to accompany. Please call/text us to let us know youre heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. Wed appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.

DRIVING DIRECTIONS:

You can navigate to GPS Coordinates 39.906000, -88.961139.

Now you should be able to see the property lines on the map, and the green dot represents where youre currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.

LOCAL ATTRACTIONS

Access boundless recreational opportunities nearby, with Lake Decatur just 17 minutes to the south, home to historic Nelson Park, and offering water sports, wildlife vistas, miniature golf, dining, public gardens and picnic facilities on over 2,800 acres of water and 30 miles of shoreline. Nelson Park houses the Devon Lakeshore Amphitheater, having a capacity of 4,000 and hosting a wide range of entertainment, from music of many genres to comedians and movie nights among scenic lake views. 5 minutes ahead, across the lake, lie Scovill Zoo and the Childrens Museum of Illinois, with fun and interactive activities and exhibits geared toward children. 4 minutes to the south is the city of Decatur, hosting a Walmart, several grocery stores, local restaurants, fast food chains and medical clinics, but if you need access to major retailers, you can find them in Springfield, 45 minutes to the west.

NEARBY Lake Decatur Lake Decatur Marina (17 minutes), Devon Lakeshore Amphitheater (17 minutes), Childrens Museum of Illinois (17 minutes), Scovill Zoo (18 minutes), Spitler Woods State Natural Area (26 minutes), Lincoln Trail Homestead (21 minutes), Hickory Point Golf Course (6 minutes).

DECATUR (4 minutes, nearest grocery store and Walmart, county seat)

RETAIL Walmart, Sams Club, Menards, Kohls, Ross, Best Buy, Lowes, Kroger, Save A Lot, Decatur Plaza, Harbor Freight Tools, Ashley Store, Big Lots, Dollar Tree, and many more.

RESTAURANTS Texas Roadhouse, Red Lobster, McDonalds, Applebees, Buffalo Wild Wings, Cracker Barrel, Burger King, Chipotle, Diamonds Family Restaurant, The Wagon, Bennys Grill, El Rodeo Mexican Restaurant, Burger Theory, Dairy Queen Grill & Chill, Wendys, Culvers, and many more.

MEDICAL SERVICES? Yes, Springfield Clinic Decatur, Crossing Healthcare, Kenwood Medical Center, Priority Health Family Medicine, Walgreens, CVS, Sav-Mor Pharmacy.

RECREATIONAL Scovill Zoo, Childrens Museum of Illinois, Rock Springs Conservation Area, Chevrolet Hall of Fame Museum, Nelson Park, Decatur IL Central Park, Fairview Park.

SPRINGFIELD (45 minutes, nearest major city)

FINANCING

OWNER FINANCING: We do offer owner financing under the following terms:

Purchase Price = $274,000

Down Payment = $54,800

Monthly Payment = $3,042.09

Term = 120 months

If you'd like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info(at)acretown(dot)com and we'll get you set up!

OUTSIDE FINANCING: Your best deal for financing will come from a local bank or credit union and we can help you find a great deal. In this case, we have a few recommendations for land lenders in the area: (1) 1st MidAmerica Credit Union in Decatur at 618-258-4560. They offer land loans for 20% down and prefer a minimum credit score of 620. (2) Greg at Buena Vista National Bank in Decatur at 217-672-3596. They offer land loans for 30% down and prefer a minimum credit score of 640. (3) Ryan Doby at Hickory Point Bank and Trust in Decatur at 217-872-6396. They offer land loans for 20% down and prefer a minimum credit score of 650.

MAKING AN OFFER

Call or text Scott directly at 314.639.9777 or email at info(at)acretown(dot)com if youd like to discuss an offer.

FOR SALE BY OWNER: We are investors, and are selling this lot For-Sale-By-Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a Realtor, then youre welcome to have them contact us on your behalf.

HOW DO WE PRICE SO LOW?

WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and thats our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).

DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyers responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, build-ability, and approved/allowable use-age for the property. We are happy to help however we can.