PRIME EXPOSURE & LOCATION B3 ZONING N OF THE NEW SUPER WALMART CENTER, THIS LAND IS ATTACHED TO A LARGER PARCEL OF 6 ACRES, SEE AGENTS REMARKS. SUBJECT TO VILLAGE APPROVAL OF SPLIT & FUTURE BUSINESS USE. PLENTY OF POSSIBILITIES HERE: APPROX FRONTAGE, SIZE OF LOT & TAXES ARE ESTIMATED NEED APPROVAL FROM VILLAGE JBURG. SEWER HOOKUP NEARBY QUESTIONS CONTACT LAG. HIGH TRAFFIC AREA IN GROWING JOHNSBURG-MCH AREA
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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