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24840 West IL Route 22

Lake Zurich IL 60047

Land
Currently for sale - view listing

Overview

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.

Features

Land

Happy sellers in Lake Zurich

74%
74% of sellers in Lake Zurich reported that their sale price either exceeded or met their price expectations.

Lake Zurich stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Lake Zurich over the last 12 months.

Local market activity for land plots in Lake Zurich

In the last 12 months, 21 land plots similar to 24840 West IL Route 22, have been sold.

This represents a 16% decrease in land plots sales when compared to the previous 12 months.

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