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Land Ready for Subdivision

21763 N Deerpath Road Lake Zurich, IL 60047

21763 N Deerpath Road, Lake Zurich, IL, 60047
$799,900
For Sale
Under Contract
Claim this Listing
$799,900

LAND - Other - Lake Zurich, IL

Lot Size3.00 Acres
AddedNov 9, 2024
Days on Market613
Last RefreshJul 15 at 11:06 pm

Property Features for 21763 N Deerpath Road

General Information

Property type
Land
Property subtype
Other
Zoning
SINGL
Rooms
Laundry Room, Basement
Parking
3
Parking features
Garage
Fireplace
1
Basement
Unfinished, Crawl Space, Partial
Standard status
Active Under Contract
APN
14292000110000
Lot size
3.00 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
13289

Utilities

Heating system
Natural Gas
Cooling system
Central Air

Building Details

Floors in Building
2
Building materials
Frame
Architectural style
Other
Additional Structures
Residence

Listing agent Cherie Smith Zurek License #471003036

Listing office RE/MAX Suburban 444 S. Rand Road Ste 103 Ste 103, Mount Prospect, IL

Listing date Nov 9, 2024

MLS# 12207194 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 3-acre property in Lake Zurich, Illinois, is zoned R5 and presents a unique opportunity for development into a subdivision of single-family homes. The property currently has two homes located on it. The larger house is located at 234 Deerpath Rd and the smaller house is located at 232 Deerpath Rd. Both homes are on one pin number and are being sold "As Is". According to a professional appraisal, the highest and best use of the property is for development. Preliminary estimates suggest the possibility of creating 7 to 8 lots, although this is based on an older survey and is not up to date. The Village of Lake Zurich will do a Courtesy Review. Zoning regulations require a minimum lot size of 10,000 square feet with a minimum lot width of 75 feet. Rock Rose, where the lot driveways would come off of, would need to be widened as it is currently 40 feet wide and must be 60 feet wide to accommodate curbs, gutters, and sidewalks. The second home includes a living room (17x12), dining room (12x10), kitchen (14x7), master bedroom (14x11), and a second bedroom (13x10), as well as an unfinished basement. The furnace in the second home does not work. Interested parties should review the Zoning Application Guide provided by the Village of Lake Zurich.

Key Highlights

  • Potential for subdivision development into 7‑8 single‑family home lots (subject to Village approval and updated survey).
  • Zoned R5, allowing for minimum 10,000 sq ft lots with 75' minimum width.
  • Includes two existing homes (234 and 232 Deerpath Rd) on one pin number.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Skin Care Clinic Parking Lot & Garage Restaurant Building Supply Nail Salon Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Land - 3-acre property in Lake Zurich, ideal for single-family home development.
Where is this land located?
The property is located at 21763 N Deerpath Road Lake Zurich, IL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Potential for subdivision development into 7‑8 single‑family home lots (subject to Village approval and updated survey).; Zoned R5, allowing for minimum 10,000 sq ft lots with 75' minimum width.; Includes two existing homes (234 and 232 Deerpath Rd) on one pin number.
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