100+ Acre Northern IL Large Scale Development

Asking Price$8,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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100+ Acre Northern IL Large Scale Development


Asking Price$8,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
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.
Listing Info
ID
2164781
Listing Views
1452
Business Location

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Business Listed by: Eddy A. Dingman National Acquisitions & Investment Group LLC

Listing ID: 2164781 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.