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613615 Rand Road

Lakemoor IL 60051

5.27 ac.
Land
Currently for sale - view listing

Overview

WATERFRONT DEVELOPMENT OPPORTUNITY!! This extraordinary property encompasses approximately 5 acres, with a road easement, right on the picturesque 89-acre Lily Lake, nestled within the thriving McHenry County. Located directly on Rt. 120 and just West of the new Woodman's Development at Rt. 12 & 120 gives prime exposure to increasing vehicle traffic. Lakemoor is an area experiencing rapid growth, with robust demographics and a burgeoning landscape of fresh residential and retail developments. This locale is poised for ongoing expansion, thanks to the city's proactive approach to fostering economic growth. The optimal utilization for this property extends to mixed-use possibilities, among other potentials. In the coming months, the city has plans for lake dredging and further expansion of the scenic boardwalk encircling the lake. The city holds adjacent parcels and eagerly invites discussions with developers, embracing novel concepts to enrich the city's footprint. This represents a unique opportunity for diverse applications on the lake, with potential rezoning options on the horizon. Property currently has a 4,800sf sports bar / restaurant with gaming machines...earn income while you develop!

Features

5.27 ac. lot size
Land

Happy sellers in Lakemoor

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We have insufficient information to provide an overview of customer satisfaction for Lakemoor. Viewing the agent profiles, reviews and sales for Lakemoor can provide insights for this location.

Local market activity for land plots in Lakemoor

In the last 12 months, 22 land plots similar to 613615 Rand Road, have been sold.

This represents a 34% increase in land plots sales when compared to the previous 12 months.

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