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  • $850,000

    O'Midlothian Rd, Lake Zurich, IL 60047

    --beds
    --baths
    7.7Acres
    Unimproved Land, Farm
    Built in ----
    7.7 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cleared ready for development
    Land For Sale, Hawthorn Woods, 7.56-7.70 acres. Important! Land is Improved with City Water & Sewer. Cleared ready for development for commercial and 16 Homes or 32 Townhomes. Other utilities accessible near rd. Zoned residential Farm Land-B and approved for Mix use. KHovnanian Home development is across the street adjacent to Kroger Rd Walking distance to the Family Aquatic Center. Property was privately marketed 2yrs ago for 1.15ml. and an offer was denied at the time that is slightly higher then our current asking price. This time seller is moving out of state and is motivated to sell. Farmer contributes $800 per year for crops. That exceeds your $150 taxes per year. That's nothing, Adjacent land in the area can be as high as $4000 Taxes per acre per year! So Don't miss out on this discounted listing price and low taxes. Lake County and this area is one of the hottest developing area in IL. Special Assessment $10,115.paid in full and owner paid about $250,000 for improvements and pre paid county to lock in the low taxes. Good Luck! :-)
    427 days
    on Zillow
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    13
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    Zillow last checked: 7 hours ago

    Listing updated: May 16, 2025 at 03:26pm

    Listing courtesy of:

    Bryan Cool 888-893-3537,

    Epique Realty Inc

    Source: MRED as distributed by MLS GRID,MLS#: 12074169MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Dirt Driveway, Gravel
    • Has uncovered spaces: Yes
    Features
    • Frontage length: 765
    Lot
    • Size: 7.7 Acres
    Details
    • Parcel number: 14033000180000
    • Zoning: AGRIC
    • Special conditions: None

    Utilities & green energy

    • Water: Municipal Water
    • Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Connected, Water Available

    Community & HOA

    Location
    • Region: Lake Zurich

    Financial & listing details

    • Annual tax amount: $151
    • Date on market: 6/4/2024
    • Ownership: Fee Simple
    • Road surface type: Dirt
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