5208 Kaylins Way Ringwood, IL 60072
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 5208 Kaylins Way
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional investment opportunity encompasses eighteen individual lots totaling approximately eighteen acres, ideally situated in Ringwood, Illinois's Oakview Estates Subdivision. All lots are zoned R-1, permitting single-family residential construction. The property, conveniently located off Route 31 within the sought-after Johnsburg school district, presents a turnkey development project. Complete engineering and village approvals are already in place, eliminating significant pre-construction hurdles. Utilities are stubbed to each lot, and a seven-inch binder coat has been installed for roadways. This fully engineered subdivision is ready for immediate development, capitalizing on the current high demand for new construction homes due to low housing inventory. The property includes multiple parcels, with addresses ranging from 5208 to 5226 Kaylins Way, and APN 0909126013. The asking price for this entire package is $699,999. This represents a unique chance to acquire a substantial land holding poised for immediate development and significant return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ringwood
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3079
- Latitude
- 42.4013