$845,000
Active
239 Days Online
0 Beds0 Baths0 SQFT
Active

613-615 Rand Road Lakemoor, IL 60051

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WATERFRONT DEVELOPMENT OPPORTUNITY!! This extraordinary property encompasses approximately 5 acres, with a road easement, right on the picturesque 89-acre Lily Lake, nestled within the thriving McHenry County. Located directly on Rt. 120 and just West of the new Woodman's Development at Rt. 12 & 120 gives prime exposure to increasing vehicle traffic. Lakemoor is an area experiencing rapid growth, with robust demographics and a burgeoning landscape of fresh residential and retail developments. This locale is poised for ongoing expansion, thanks to the city's proactive approach to fostering economic growth. The optimal utilization for this property extends to mixed-use possibilities, among other potentials. In the coming months, the city has plans for lake dredging and further expansion of the scenic boardwalk encircling the lake. The city holds adjacent parcels and eagerly invites discussions with developers, embracing novel concepts to enrich the city's footprint. This represents a unique opportunity for diverse applications on the lake, with potential rezoning options on the horizon. Property currently has a 4, 800sf sports bar / restaurant with gaming machines...earn income while you develop!

  • Property TypeLand
  • NeighborhoodN/A
  • CountyMc Henry
  • Taxes$12,532
  • HOA/Condo/Coop Fees$0
  • Days on Site239 Days
  • MLS StatusActive
  • MLS ID Number11902659
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size5.27 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Acreage 5.27
  • General Information None
  • Lot Size 5.0-5.99 Acres

Interior Features

  • Utilities Electric to SiteGas to SiteSanitary SewerWell Private

Exterior Features

  • Waterfront Property Yes
  • Waterfront true

Community Features

  • Township McHenry
  • MLS Area Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood

Schools

School District
156
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$4,511
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