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$ 7,449,000
Est. payment | /mo
17.25 Acres Lot
$ 7,449,000
Est. payment | /mo
17.25 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11973535
Annual Tax Amount $16,248
Tax Year 2022
Lot Size 17.250 Acres
Lot Dimensions 1903
Property Description
Exceptional opportunity for developers seeking a prime location for a mix-use development, strategically located in Lake Zurich, this pre-approved site will be a hub of activity and commerce. A total of approximately 17.25 acres, the blend of residential and commercial spaces will cater to the diverse needs of the community. The rear is designated for the construction of 56 luxury townhomes, providing an attractive housing option in a thriving locale. Positioned along Route 22, this property is a prime frontage for commercial enterprises. With a gas station on the corner and four retail properties lining the thoroughfare, businesses will benefit from high visibility and steady traffic flow. Directly across from Mariano's food store, it is close to essential amenities and services. Easy access to shopping, dining, and recreational opportunities. Uniquely positioned to capitalize on the benefits of the beautiful and well-managed Village of Lake Zurich, including access to Chicago's fresh water, and Lake Zurich sewer connections. The highly regarded Stevenson High School District and excellent elementary and middle schools with the modern, well-equipped library, will create great educational opportunities for the children. The beautiful Lake Zurich offers opportunities for leisure and relaxation, enhancing the overall quality of life. Situated at the bustling intersection of Route 22 and Quentin Rd, this property benefits from high traffic counts, ensuring a steady stream of potential customers for commercial ventures. Don't miss out on this rare chance to shape the future of Lake Zurich. Whether you're envisioning vibrant retail spaces, upscale residences, or a combination of both, this property offers limitless potential. This development concept is pre-approved by Lake Zurich but there are other possibilities including all commercial plans, for example, an Artificial Intelligence Development Center, Data Center, and other uses that will adhere to environmentally friendly developments. Contact us now and explore this prime development opportunity and turn your vision into reality. Additional details and development plans are available upon request.
Location
State IL
County Lake
Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Building
Dwelling Type Land
Schools
Elementary Schools Kildeer Countryside Elementary S
Middle Schools Woodland Middle School
High Schools Adlai E Stevenson High School
School District 96 , 50, 125
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alexander Dukor • AMD Real Estate Group, Inc.
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