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99 Quentin Rd

17.25 Acres of Commercial Land Offered at $7,449,000 in Lake Zurich, IL 60047

Investment Highlights

  • Pre-Approved Project for gas station, 3 retail and drive-thru coffee shop along Route 22 and 56 town homes in the back. Can be other uses.

Executive Summary

Unique opportunity approved by Lake Zurich for a mixed-use development along Route 22 consisting of a gas station, 3 retail, a drive-through coffee shop, and 56 townhomes in the rear. Prime corner location at the intersection of Route 22 and Quentin Road, affluent neighborhoods surrounding this property are Lake Zurich, Kildeer, and Hawthorn Woods and close to Barrington and Long Grove. Across from Mariano's food store, in a high traffic, both two-lane Route 22 and Quentin Road it is ideal for business and a great place to live with excellent elementary, middle school, prized Stevenson High School, modern library, close to shopping and restaurants and entertainment.
The proposed use is not mandatory, it can be anything else but it will then have to go through the Lake Zurich approval process.
This could be a great location for an Artificial Intelligence research center and development center with a data center and residential homes or townhomes or multiunit residential.
With access to Lake Zurich's beautiful beach, and an exceptional recently built Lake Zurich library this neighborhood is a great place to combine business opportunities with a high quality of life.
Soil tests and environmental were done and the property is approved for development by the beautiful and well-managed Village of Lake Zurich. This is a prime opportunity to take over the project and be able to build very quickly.

Property Facts

Price $7,449,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Bar
  • Department Store
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Medical
  • Outlet Center
  • Restaurant
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 17.25 AC

1 Lot Available

Lot

Price $7,449,000
Price Per AC $431,826
Lot Size 17.25 AC

17.25 acre lot available for mixed-use development

Description

Excellent property in a great neighborhood with a lot of potential. High traffic and great visibility. Access to highways, trains, shopping, medical, entertainment. Soil tests and environmental studies were done and the property is suitable for building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-22-100-015
Land Assessment
$34,017
Improvements Assessment
$129,889
Total Assessment
$163,906

zoning

Zoning Code Commerical-Residential (Approved for Mix Use development. The gas station, retail, coffee shop, and 56 townhomes.)
Commerical-Residential (Approved for Mix Use development. The gas station, retail, coffee shop, and 56 townhomes.)
  • Listing ID: 32906189

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 99 Quentin Rd, Lake Zurich, IL 60047

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