100+ Acre Northern IL Large Scale Development
Asking Price: | $8,500,000 |
The property is being offered as a 100+/- acre redevelopment site. Located in northern Lake County at the gateway to the Chain O’ Lakes State Park. The property presents an opportunity to develop up to 350 residential multi and single-family homes, condominiums, or senior living community in a rolling wooded and serene setting enhanced by numerous water elements.
The abundance of recreational amenities include the pristine Chain O’ Lakes, the largest inland recreational waterway system in Illinois, as well as numerous Lake County Forest Preserve trails and parks including; the Gander Mountain, Lake Marie, Grant Woods and Tanager Kames forest preserves. Just a short drive over the border in Wisconsin enjoy year-round fun and adventure at Wilmot Mountain and historic Lake Geneva, filled with world class golf resorts, spectacular spas, charming B&Bs, boutique shopping, fine dining experiences.
The R-3 residential zoning, the option to maintain a portion of the current 18-hole golf course, with its beautiful club house for your active lifestyle residents makes this a rare opportunity.
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