O Midlothian Road Active

Hawthorn Woods,IL 60047

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12074169

Annual Tax Amount $151

Tax Year 2022

Lot Size 7.700 Acres

Lot Dimensions 7.7ACRES

Property Description

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! :-)

Location

State IL

County Lake

Zoning AGRIC

Interior

Fireplace N

Exterior

Utilities Available Electric Nearby,Gas Nearby,Sanitary Sewer,Water-Municipal,Water to Site

Waterfront false

View Y/N true

Schools

High Schools Lake Zurich High School

School District 73,95,95

Others

Ownership Fee Simple

Special Listing Condition None

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