$ 850,000
O Midlothian RD Hawthorn Woods, IL 60047
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$ 850,000
Est. payment | /mo
7.7 Acres Lot
$ 850,000
Est. payment | /mo
7.7 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12074169
Annual Tax Amount $151
Tax Year 2022
Lot Size 7.700 Acres
Lot Dimensions 7.7ACRES
Property Description
Land For Sale, Hawthorn Woods, 7.56-7.70 acres. Important! Land is Improved with City Water & Sewer. Cleared ready for development for commercial and 16 Homes or 32 Townhomes. Other utilities accessible near rd. Zoned residential Farm Land-B and approved for Mix use. KHovnanian Home development is across the street adjacent to Kroger Rd Walking distance to the Family Aquatic Center. Property was privately marketed 2yrs ago for 1.15ml. and an offer was denied at the time that is slightly higher then our current asking price. This time seller is moving out of state and is motivated to sell. Farmer contributes $800 per year for crops. That exceeds your $150 taxes per year. That's nothing, Adjacent land in the area can be as high as $4000 Taxes per acre per year! So Don't miss out on this discounted listing price and low taxes. Lake County and this area is one of the hottest developing area in IL. Special Assessment $10,115.paid in full and owner paid about $250,000 for improvements and pre paid county to lock in the low taxes. Good Luck! :-)
Location
State IL
County Lake
Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby, Gas Nearby, Sanitary Sewer, Water-Municipal, Water to Site
Waterfront false
Building
Dwelling Type Land
Schools
High Schools Lake Zurich High School
School District 73 , 95, 95
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bryan Cool • Epique Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "