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Residential Land Development with Home Sites
For Sale
$66,534

7418 Glacier Lake Way, Richmond, IL 60071

110-acre subdivision offering 73 large home sites with accessory building allowance.

Property SizeContact for details
Lot Size110.00 Acres
Days on Market202

Property Features for 7418 Glacier Lake Way

General Information

Standard status Active
Lot size 110.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $48
Listing Agency: ILrealty, Inc. Kurchina & Assoc.
Listed By: Jill Glaves · License #471018784
Source: Exprealty
Added: Feb 3 Changed: Aug 8 Last Checked: Jul 18 at 12:07AM

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 ILrealty, Inc. Kurchina & Assoc.

Investment Insights

Based on property information with market context.

Glacier Lake Estates is a residential land development spanning approximately 110 acres and laid out with 73 large home sites. The subdivision’s guidelines are intended to help maintain architectural quality, integrity, and value within the community. The concept also references opportunities for high-end accessory buildings.

The development is surrounded by hundreds of acres of land owned by the McHenry County Conservation District. Individual lots are described as offering a range of attributes, including walkout basements, panoramic views of Glacier Park Conservation Land, southern exposures, secluded woods, and tranquil lakes.

Located at 7418 Glacier Lake Way in Richmond, IL, Glacier Lake Estates is positioned as a plan-based community where site-by-site character varies across the home sites while the overall development is governed by architectural guidelines.

Key Highlights

  • 110‑acre subdivision with 73 large home sites
  • Accessory building allowance for each property
  • Many lots offer walkout basements

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 60071, IL

3,891
Population
2,161
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
97%
High-School Grad
24.8 sq mi
ZIP Area
157
Density / Sq Mi
$77,593
Median Household Income
$43,164
Median Earnings
$1,189
Median Rent
$289,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 110-acre subdivision offering 73 large home sites with accessory building allowance.
Where is this residential land & home lot located?
The property is located at 7418 Glacier Lake Way Richmond, IL.
What is the asking price?
The asking price for this property is $66,534.
What are key features of this property?
This property features: 110‑acre subdivision with 73 large home sites; Accessory building allowance for each property; Many lots offer walkout basements
More about this property
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