Active
O Midlothian Road
Hawthorn Woods IL, 60047
$850,000
$2.53 per sqft
Active
7.7 Acres
Land
Courtesy of Epique Realty Inc
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! :-)
12074169
MLSⓇ ID
June 4, 2024
Listed
November 25, 2024
Updated
Map
O Midlothian Road
Hawthorn Woods IL, 60047
Exterior/Building Features
Lot Size
7.7 Acres
School Information
School District
73
High School
Lake Zurich High School
Other Property Details
Area Name
Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Taxes
$152
Tax Frequency
Annually
Days on Market
75
Garage
No
Parking Total
0
View
No
County
Lake
Municipality
Ela
Pool
No
Zoning
AGRIC
Courtesy of Epique Realty Inc, Bryan Cool,
Listing Contact: 888-893-3537
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Data last updated 5:00 PM UTC, 11/25/2024