$2,000,000
$3,500,000
42.9%For more information regarding the value of a property, please contact us for a free consultation.
24.2 Acres Lot
SOLD DATE : 09/03/2024
Key Details
Sold Price $2,000,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11762912
Sold Date 09/03/24
Annual Tax Amount $813
Tax Year 2021
Lot Size 24.200 Acres
Lot Dimensions 1553X1273
Property Description
24.2 ACRES AT SIGNALIZED INTERSECTION: Prime commercial and multi-family land at signalized intersection with great traffic counts. Volo desires retail or mixed use with retail focus on the corners. Concept plan for 171 townhome and row home units would require PUD. Priced at $12000 per unit. Commercial corners priced at $8 psf. Just north of the site features Home Depot, Jewel/Osco, Menards. Approximately 1 mile north of Woodman's. Property currently being farmed. Broker related to seller. Price reduced to $3.32 psf but depends on use.
Location
State IL
County Lake
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Waterfront false
View Y/N true
Schools
School District 38, 38, 124
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Larry Dickstein • Land Partners, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "