Sec Rand & Old Mchenry Lake Zurich, IL 60047
- Retail properties
- 110.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Sec Rand & Old Mchenry
- Lot size
- 110.00 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional 110-acre property presents a unique investment opportunity in unincorporated Lake County, Illinois. The site boasts 90 acres zoned for residential and 20 acres for retail development, making it ideal for a mixed-use project. Previously approved for large-scale commercial development, this location offers over 2,400 feet of frontage on Rand Road (Rt. 12), a major thoroughfare with a daily traffic count of 35,100 vehicles. Old McHenry Road provides additional access, with 10,800 vehicles daily. A proposed traffic signal at Timberlake Road will further enhance accessibility. The property is situated in a high-end residential area with a strong demographic profile, offering convenient access to Lake Zurich (less than 2 miles south). Nearby schools include Hawthorn Woods Grade and Middle Schools, and Lake Zurich High School (Community School District 95). An additional ±20 acres of contiguous land is also available for commercial development along Rand Road. This prime location, coupled with its previous approvals and significant road frontage, makes this an unparalleled opportunity for developers seeking a substantial mixed-use or residential project. The property is offered subject to offer. Contact us for detailed information and to explore this exciting development potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Zurich
- County
- Lake
- State
- Illinois
- Longitude
- -88.1127
- Latitude
- 42.2373
