Active

613-615 Rand Road

Lakemoor IL, 60051

$845,000


$3.68 per sqft

Active

5.27 Acres

Land

Courtesy of Compass

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!

11902659

MLS ID

October 6, 2023

Listed

May 9, 2024

Updated

Map

613-615 Rand Road
Lakemoor IL, 60051

Exterior/Building Features

Lot Size

5.27 Acres

School Information

School District

156

Other Property Details

Area Name

Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood


Taxes

$12,532


Tax Frequency

Annually


Days on Market

8


Garage

No


Parking Total

0


View

No


County

Mc Henry


Municipality

McHenry


Pool

No


Waterfront

Yes


Buyer Agency Compensation

2% - $495

Courtesy of Compass, Todd Klein,
Listing Contact: 847-609-8633 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Kristin Kessler are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 5/9/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:42 AM UTC, 5/9/2024

 

 

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