24840 W State Route 22,Lake Zurich, IL 60047
Lake Zurich, IL 60047
Description
Exceptional 33.92-acre land development opportunity in the northwest suburban growth corridor. The property offers approximately 910 feet of frontage along IL Route 22 with an estimated 12 acres of upland/buildable area. Currently zoned Open Space (OS) in unincorporated Lake County, the site is identified within the Village of Lake Zurich Comprehensive Plan as a strategic redevelopment opportunity with potential for annexation and Planned Unit Development (PUD) approval. Ideal for residential, conservation subdivision, townhome, mixed-use or other development concepts subject to municipal approvals. Excellent access to Route 22, Rand Road (US-12), shopping, schools and surrounding residential communities. Buyer to perform its own due diligence regarding zoning, annexation, wetlands and development feasibility.
Details
| MLS # | 12704751 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 45 |
| Listing Provided By | 33 Realty | Aaron Giles |
Features
Utilities
| Utilities | Electric to Site, Natural Gas Nearby, Sewer Nearby |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 20217.34 |
Area Information
| State | IL |
|---|---|
| County | Lake |
| City | Lake Zurich |
| Zip Code | 60047 |
| Area | Hawthorn Woods | Lake Zurich | Kildeer | Long Grove |
| Listing VS Median (in 60047) | |
Price: $2,500,000 low | high Med: $787,500 On site: 45 low | high Med: 39.5 | |
Market Activity 60047
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Lake Zurich |
| Zip Code | 60047 |
| Area | Hawthorn Woods | Lake Zurich | Kildeer | Long Grove |
| Listing VS Median (in 60047) | |
Price: $2,500,000 low | high Med: $787,500 On site: 45 low | high Med: 39.5 | |