24840 W State Route 22 Lake Zurich, IL 60047

Listing agent Aaron Giles Show Phone

Listing office 33 Realty i***@33realty.com 357 W. Chicago Ave., Chicago, IL Show Phone

Listing date Jul 14, 2026

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MLS# 12704751 Listing URL

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Investment Insights

Based on property information with market context.

This sale offers a 33.92-acre land development site in unincorporated Lake County with approximately 910 feet of frontage along IL Route 22. Public remarks indicate roughly 12 acres of upland/buildable area, and the property is currently zoned Open Space (OS). The Village of Lake Zurich Comprehensive Plan identifies the site as a strategic redevelopment opportunity, with potential for annexation and Planned Unit Development (PUD) approval, subject to municipal approvals and buyer due diligence.

The property is accessed via IL Route 22, with additional practical access described along Rand Road (US-12). Public remarks also note proximity to shopping, schools, and surrounding residential communities.

Prospective uses noted in the public remarks include residential development, conservation subdivision, townhome, mixed-use, or other concepts, depending on zoning, annexation, wetlands, and development feasibility. The buyer is responsible for confirming all development requirements and constraints through its own due diligence.

Key Highlights

• 33.92‑acre parcel with approximately 910 ft of frontage along IL Route 22 in unincorporated Lake County
• Estimated 12 acres of upland/buildable area for development (subject to approvals and due diligence)
• Currently zoned Open Space (OS)

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FAQs

What type of property is this?

Residential land & home lot - 33.92-acre development site with approximately 910 feet of frontage along IL Route 22 in unincorporated Lake County.

Where is this residential land & home lot located?

The property is located at 24840 W State Route 22 Lake Zurich, IL.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 33.92‑acre parcel with approximately 910 ft of frontage along IL Route 22 in unincorporated Lake County; Estimated 12 acres of upland/buildable area for development (subject to approvals and due diligence); Currently zoned Open Space (OS)