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    OFF-MARKET
    Industrial land

    28034 Northpointe Pkwy, Lake Barrington, IL 60010-2346

    4.26 ac lot
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US28-0895718
    Property summary
    AI-generated overview

    This exceptional 4.25-acre residential lot is located at 28034 W Northpointe Pkwy, Lake Barrington, IL 60010, in Lake County. Priced at $499,000, this fully improved parcel presents a unique opportunity. The property's size and improvements make it ideal for various residential developments, although the Village of Lake Barrington has restrictions on outdoor material storage. The precise nature of the improvements is not specified, but the "fully improved" designation suggests the land is ready for construction. The lot's location in Lake Barrington offers access to the amenities and lifestyle associated with this desirable Illinois community. Buyers should independently verify zoning regulations and building codes with the Village of Lake Barrington before making any development plans. This prime piece of land provides a solid foundation for a substantial residential project, subject to local ordinances. The geographic coordinates are 42.1891405 latitude and -88.1804323 longitude. Serious inquiries are encouraged to explore the potential of this exceptional property. The property is zoned for residential use.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 4.26 ac (185,391 SF)
    APN 13-21-406-080
    UPID US28-0895718
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Team E-1 LLC · 12 yrs held
    Team E-1 LLC
    since 2014
    1 recorded transaction
    2014
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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