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$ 2,750,000
Est. payment | /mo
7.44 Acres Lot
$ 2,750,000
Est. payment | /mo
7.44 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12401632
Annual Tax Amount $358
Tax Year 2023
Lot Size 7.440 Acres
Lot Dimensions 1026 X 366
Property Sub-Type Land
Property Description
Located at the hard-corner intersection of US Highway 45 and E Grand Avenue (Rt 132), this 7.44-acre CBzoned parcel offers unparalleled commercial potential. With approximately 15,000 vehicles per day passing, the site is primed for any combination of retail, office, convenience, service, or drive-through uses The property features flat, build-ready land with utilities brought directly to the site-sewer, water, electric, and gas are all available Surrounded by strong demographics-average household incomes in excess of $120K within a tight trade area-development support is reinforced by recent nearby residential growth: a 70-unit luxury townhome complex directly west and a 55+ community in progress The CB Community Business zoning provides flexible use allowances, ideal for end-users such as quick-serve restaurants, convenience stores, medical offices, or multi-tenant retail buildings. The owner is open to parcel division, build-to-suit leases, or joint venture arrangements, maximizing development creativity
Location
State IL
County Lake
Area Lake Villa / Lindenhurst
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Building
Dwelling Type Land
Schools
School District 24 , 24, 117
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Julia Alexander of Keller Williams North Shore West
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
managingbroker@legacypropertiesil.com
2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA