Seller's Agent in 2021
Robin Chessick
Baird & Warner
(847) 641-4243
7 in this area
164 Total Sales
60 Beech Dr Lake Zurich, IL 60047
Estimated Value: $494,000 - $622,000
2.96
Acres
$194,884
Price per Acre
128,938
Sq Ft Lot
About This Lot
As of March 2021Great OPPORTUNITY for a Developer and/or Builder. The development property consists of four legal parcels and three tax parcels in total consisting of 2.96 acres located at the Northeast corner of Honey Lake Rd and Beech Dr. on the Western edge of Lake Zurich IL. The property currently is improved with three single family older houses along with an in-ground swimming pool and spa enclosed by a glass structure. Each house has its own septic field. The 1240 Honey Lake property and the 68 Beech property share a well. The 60 Beech property has its own well. According to the Village of Lake Zurich zoning code and map on their web site the property is zoned R-5 which allows for minimum lot sizes of 10,000 square feet. Village of Lake Zurich sanitary sewer main and water main run in easements along the south end of the property that abuts Honey Lake Rd. and the western edge of the property along Beech Dr. as well as storm water mains and heads are nearby / adjacent to the property. Also note, according to the information on the Lake Zurich zoning information website that further subdivision of 5 acres or less that does not require an installation of a new street or access easement can be approved at the Plan Commission level.
Last Agent to Sell the Property
Baird & Warner License #475163514 Listed on: 11/06/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,322
Lot Details
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2021 03/08/21 | Sold | $500,000 | -21.3% | -- |
| 08/01/2020 08/01/20 | Pending | -- | -- | -- |
| 06/23/2020 06/23/20 | For Sale | $635,000 | 0.0% | -- |
| 06/13/2020 06/13/20 | Pending | -- | -- | -- |
| 06/11/2020 06/11/20 | Price Changed | $635,000 | -2.2% | -- |
| 02/15/2020 02/15/20 | Price Changed | $649,000 | -5.9% | -- |
| 11/06/2019 11/06/19 | For Sale | $690,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,322 | $170,074 | $41,835 | $128,239 |
| 2023 | $5,457 | $143,918 | $35,401 | $108,517 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Chessick
-
Caryl Fancher
Seller Co-Listing Agent in 2021
Caryl Fancher
Baird & Warner
(847) 525-1600
1 in this area
2 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10567944
APN: 14-18-300-072
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