613-615 Rand Road Lakemoor, IL 60051
Listing Courtesy of: Midwest Real Estate Data / Mcmullen / Pearl Park
$950,000

  613-615 Rand Road Lakemoor, IL 60051

Active (20 Days)

Description

WATERFRONT DEVELOPMENT OPPORTUNITY! Coldwell Banker Commercial is pleased to exclusively present this progressive opportunity that is situated on +/- 5.27 acres with +/- 3 acres of uplands including road easement right on 89-acre Lily Lake located in McHenry County, with views of the lake all around. With frontage on IL RT 120 (Rand Rd) in the highway commercial district, Lakemoor is a fast growing area boasting strong demographics & many new residential & retail development. This area will continue to see much growth with the city's cooperation in fostering economic development. The highest & best use for this area is mixed use, amongst many others. The city has plans to dredge the lake within the next 24 months as well as continue to build out the boardwalk around the lake. The city has contiguous parcels & is very open to discussions with developers & welcoming new ideas to diversify the city's footprint. Great opportunity for many uses on the lake with potential re-zoning options.

MLS #:
11470781
Taxes
$12,532(2021)
Lot Size
5.27 acres
Type
Land
School District
156
County
McHenry County
Bathroom Details
Utility Information
  • Utilities: Utility: Well Private, Utility: Sanitary Sewer, Utility: Gas to Site, Utility: Electric to Site
Location
   
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Estimated Monthly Mortgage Payment

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Listing price
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.