815 Bay Road MCHENRY, IL 60051
$4,500,000
Baths
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Price: $4,500,000
$500,000 - 07/28/2017
Est. payment:
Type: Lot
Area: MCHENRY
County: Mc Henry
School District: 156
MLS: 09496058
Status: Active
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Historic Pistakee Country Club is situated on one of the most beautiful parcels in the entire Chain of Lakes area. Located just south of Pistakee Lake, this sale is a great opportunity to create an upscale single family, multi-family, condo & mixed use commercial development. Pre-Annexation agreement with the Village of Lakemoor, IL has been negotiated and includes redevelopment scenarios, incentive packages, property tax abatement, density bonuses, zoning variations & permit fee reductions. Once annexed into Lakemoor, municipal water and sewer can be brought to the site via SSA options, recapture fees possible when coordinated with adjacent properties. Water and sewer to site via Lincoln and Cuhlman Roads. Once annexed into Lakemoor, the property could handle approximately 225 plus single family homes on lots sizes as small as .2 acres. Add 11 acres to the east to create a larger development of 67 acres that would then have direct water access to Pistakee Lake and the Chain of Lakes

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Lot & Building Features

Architecture: Traditional
Cooling: Central Air
Heat Source: Gas
Lot Length: 2040 ft
Lot Width: 528 ft
Tax Year: 2015

Price History

Date Name Price Difference
07/28/2017 Price Adjustment $4,500,000.00 10.00%
02/06/2017 Listing Price $5,000,000.00 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Community and Schools

Elementary School: 15
Junior High School: 15
Senior High School: 156

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Map(s) 815 Bay Road

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Tom OConnor
Broker
Direct: 708.237.7790
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
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815 Bay Road (MLS #09496058) is a traditional lot listing located in MCHENRY, IL. This is a lot of 2,392,315 sqft (or 54.92 acres). This property was listed on 02/06/2017 and has been priced for sale at $4,500,000.

Nearby zip codes are 60002, 60030, 60042, 60073 and 60084. This property neighbors other cities such as Antioch, Grayslake, Island Lake, Round Lake and Wauconda.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: John Josephitis - @properties

Listing Generation Time: 0.68781399726868 sec
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