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28286 State Rte 22 Lake Barrington, IL 60010

Sponsored
For Sale
$1,895,000

15 Acres, Prime Location, High Visibility

Description

Added:
Dec 11, 2024
Days on Market:
426
This exceptional 15-acre parcel presents a rare development opportunity in the highly desirable Lake Barrington, Illinois. Located at 28286 W State Rte 22, this commercially zoned land boasts 469.29 linear feet of frontage on Route 22, situated at the signalized intersection of Route 22 and Kelsey Road. Its prime location offers unparalleled visibility and accessibility. The property is conveniently situated next to Advocate Good Shepherd Hospital and Stonehenge Golf Course, benefiting from the established infrastructure and affluent residential base of the area. The raw, level, and unimproved land is ideal for various commercial ventures, particularly senior housing, as indicated by the permitted zoning. This well-populated area features high-income residents, making it an attractive location for development. The property is approximately 40 miles northwest of Chicago's Loop, offering easy access to the city while enjoying the benefits of a lower Lake County tax rate. The asking price is $1,895,000. This is a truly unique opportunity to acquire a significant land holding in a prime location with exceptional potential for development and strong return on investment. The zip code is 60010, and the property is in Lake County.

Property Features for 28286 State Rte 22

General Information

Property type
Retirement homes
Lot Size
653,400 SF

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Listing Contact
George Spirrison, Ccim
George Spirrison, Ccim

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HighLights

  • 15‑acre development site in Lake Barrington, IL, priced at $1,895,000.
  • High‑visibility corner lot at the intersection of IL Route 22 and Kelsey Road, offering 469.29 linear feet of frontage on Route 22.
  • Zoned commercial, ideal for senior housing development.
  • Located near Advocate Good Shepherd Hospital and Stonehenge Golf Course.
  • Situated in a high‑income residential area, approximately 40 miles northwest of Chicago's Loop.
Property Profile Location Intelligence

Current Use by Public Records

Retirement homes

Map

City
Lake Barrington
County
Lake
State
Illinois
Longitude
-88.185159
Latitude
42.195976

FAQs

What type of property is this?
Retirement home - 15 Acres, Prime Location, High Visibility
Where is this retirement home located?
The property is located at 28286 State Rte 22 Lake Barrington, IL.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 15-acre development site in Lake Barrington, IL, priced at $1,895,000.; High-visibility corner lot at the intersection of IL Route 22 and Kelsey Road, offering 469.29 linear feet of frontage on Route 22.; Zoned commercial, ideal for senior housing development.
More about this property
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