Residential Land with Development
For Sale
$799,900
Pending
21763 N Deerpath Road, Lake Zurich, IL 60047
Land with two homes, potential for single-family home subdivision.
Property SizeContact for details
Days on Market638
Property Features for 21763 N Deerpath Road
General Information
Standard status
Pending
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$13,288
Listing Agency:
RE/MAX Suburban
(847) 778-8618
Listed By:
Cherie Smith Zurek · License #471003036
(847) 778-8618
Source:
Exitrealty
Added: Nov 10, 2024
Changed: Aug 8
Last Checked: Aug 8 at 5:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Suburban
Investment Insights
Based on property information with market context.
This property features two homes situated on a single pin number. The 'Larger House' is located at 234 Deerpath Rd, while the 'Smaller House' is located at 232 Deerpath Rd. According to a professional appraisal, the 'Highest and Best Use' of the property is for development into a subdivision of single-family homes. The property is zoned R5, requiring a minimum lot size of 10,000 sq ft and a minimum lot width of 75'. An older survey indicates the potential for 7 or perhaps 8 lots, but this is not an up-to-date survey. The Village of Lake Zurich will conduct a Courtesy Review. The properties are being sold 'As Is'. The second home includes a living room (17x12), dining room (12x10), kitchen (14x7), master bedroom (14x11), and a second bedroom (13x10). It also has an unfinished basement. Note that the furnace does not work. Rock Rose, where the lot driveways would originate, needs widening from 40' to 60' to accommodate curbs, gutters, and sidewalks. Additional information is available in the Village of Lake Zurich Application Guide.
Key Highlights
- Potential for subdivision development into 7‑8 single‑family lots (subject to Village approval and updated survey).
- Zoned R5, allowing for minimum 10,000 sq ft lots with 75' minimum width.
- Property includes two existing homes (234 and 232 Deerpath Rd) on one pin number.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
Demographics for 60047, IL
43,944
Population
15,877
Households
2.8
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,259
Density / Sq Mi
$173,043
Median Household Income
$82,803
Median Earnings
$1,817
Median Rent
$510,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land with two homes, potential for single-family home subdivision.
Where is this residential land & home lot 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 lots** (subject to Village approval and updated survey).; Zoned R5, allowing for minimum 10,000 sq ft lots with 75' minimum width.; Property includes two existing homes (234 and 232 Deerpath Rd) on one pin number.
