$240,000
PENDING

Estimated payment $1,519/month

Total Views 5,763
10 Acres
$24,000 Price per Acre
435,600 Sq Ft Lot

About This Lot

10 acres currently zoned ORI (Office, Research, Industrial) in the Village of Island Lake, currently part of a 19 acre property, the front 9 acres of which has a house and buildings on it that are being offered separately. The subject 10 acres is currently being farmed and does not currently have a separate PIN or address (would need to be subdivided per plat act). Being sold for approximately $24000 per acre. City Water is on Burnett Rd. ORI zoning permits horses and nursery/greenhouses with a special use permit. Owner will give easement to this parcel off of Burnett Rd...flag lot. The address of the 9.5 acres that this is split off from is 706 E Burnett.

Listing Agent

Bruce Kaplan

Premier Commercial Realty License #475075614 Listed on: 07/21/2025

Property Details

Property Type

  • Land

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 654x663x654x663
  • Property is zoned INDUS

Additional Features

  • Farm
  • Septic Tank

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Industrial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 240000
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby

Schools

  • Middle/Junior School District: 118

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 10
  • Lot Dimensions: 654X663X654X663
  • Zoning: INDUS
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 433602
  • Land Description: Flag Lot,Sloping,Tillable
  • Total Listed Lots Avail: 1
  • Tillable Acreage: 9

Rental Info

  • Board Number: 20

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $240,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12425566

Midwest Real Estate Data (MRED)