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    Land

    41 Deere Park Dr, Highland Park, IL 60035

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    Property summary
    AI-generated overview

    This exceptional 1.6-acre lakefront lot in prestigious Highland Park, Illinois presents a once-in-a-lifetime opportunity to build a custom home. Located at the end of South Deere Park Drive, this property boasts 230 feet of private lake frontage and breathtaking views. The lot's prime location offers unparalleled privacy and is situated adjacent to the esteemed Lakeshore Country Club. With the potential to construct a home up to 10,000 square feet, this property allows for expansive living. Comparable recent sales in this exclusive neighborhood average $9 million per acre and $736 per square foot, indicating significant value. The stabilized bluff provides a secure and buildable foundation. The lot is vacant and ready for immediate development; bring your architect and realize your dream home on the lake. The address is 41 S Deere Park Dr, Highland Park, IL 60035. This is a truly exceptional opportunity in a highly sought-after location. The asking price is $3,600,000.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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