24840 W State Route 22, Lake Zurich, IL 60047
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$ 2,500,000
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$ 2,500,000
Est. payment | /mo
Save

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12704751

Annual Tax Amount $20,217

Tax Year 2024

Lot Dimensions 910 x Irregular

Property Sub-Type Land

Property 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.

Location

State IL

County Lake

Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Nearby, Sewer Nearby

Building

Dwelling Type Land

Schools

School District 95 , 95, 95

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Aaron Giles of  33 Realty 

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24840 W State Route 22