O Midlothian Road, Hawthorn Woods, IL

$850,000

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7.70

Acres

About O Midlothian Road

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! :-)

Features of O Midlothian Road

MLS® # 12074169
Price $850,000
Bathrooms 0.00
Acres 7.70
Type Farm
Sub-Type Land
Status Active

Community Information

Address O Midlothian Road
Area Hawthorn Woods / Lake Zurich / Kildeer / Long Gro
City Hawthorn Woods
County Lake
State IL
Zip Code 60047

Amenities

Parking Dirt Driveway, Gravel
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District 95
High Lake Zurich High School

Additional Information

Days on Market 495
Zoning AGRIC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEpique Realty Inc
Contact InfoILbroker@epiquerealty.com

Listing Map

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