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Active Under ContractMLS #: 127207321 / 22Get an accurate number
Active Under ContractMLS #: 127207321 / 221.85 acres
$280,000
16296 Il-47, Newark IL, 60541
Est. payment: $1,966/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
1.85 acres
Property type
Land
Listed by Andrew Nordstrom with RE/MAX Ultimate Professionals
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
Situated on 1.85 acres along Route 47 in unincorporated Lisbon Township, this versatile property offers excellent visibility and a variety of potential uses. Most of the property is fenced, with an easement located along the north side. The home will require a complete interior renovation, however much of the original woodwork remains from the early 1900s The property is currently being cleaned up, with remaining equipment and vehicles in the process of being removed, providing an excellent opportunity for its next owner to make it their own. Estate Sale, Sold Strictly AS-IS, Cash Only, No Survey provided by seller
Location
16296 Il-47, Newark IL, 60541
- Township
- Lisbon
- County
- Kendall
- Area
- Newark
Interior
- Laundry
- Gas Dryer Hookup, Electric Dryer Hookup, In Unit, Sink
- Basement
- Cellar
Exterior and lot
- Lot size
- 1.85 acres (158x135x110x220x220x269x355)
- Total parking
- 0
- Sewer
- Septic Tank
- Water
- Well
- Utilities
- Electric to Site, Natural Gas Available
Schools
- Elementary district
- 90
- Middle district
- 90
- High school district
- 18
Taxes and ownership
- Annual taxes
- $5,791 (2025)
- Ownership
- Fee Simple
Listing details
- MLS number
- 12720732
- Status
- Active Under Contract
- Property type
- Land
- Town
- Newark
- ZIP
- 60541
- Updated
- Sep 5, 2026
Estimate your payment
Term, years
Your monthly payment will be
$1,966
Principal, interest, and estimated taxes.
Loan $224,000 Down $56,000
- Principal and interest
- $1,483
- Property taxes (2025, per the listing)
- $483
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
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