NOT LISTED FOR SALE

881 N Old Rand Rd Lake Zurich, IL 60047

Estimated Value: $681,726

1.92 Acres
$355,066 Price per Acre
83,635 Sq Ft Lot

Last Sold September 09, 2021

Last sale price $925,000

Est. 26% decrease in value since last sale

Current estimated payment $4,498/month

Highlights

  • Waterfront
  • 1.92 Acre Lot
  • Corner Lot
  • May Whitney Elementary School Rated A

About This Lot

As of September 2021

What an incredible development opportunity on the private Lake Zurich in Lake Zurich. Brand new Life Time Fitness under construction directly across the street. Utilities already on site. This offering includes 300 N Rand Rd as well as 881 N Old Rand Rd. Do not delay on this prime development opportunity!

Last Listed By

Austin Hedley

Keller Williams Success Realty License #475160548 Listed on: 06/02/2021

Keller Williams Success Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,366

Lot Details

  • 1.92 Acre Lot
  • Lot Dimensions are 437x128x245x132x175x57
  • Waterfront
  • Property fronts a county road
  • Corner Lot
  • Property is zoned COMMR

Utilities

  • No Cooling
  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$19,366

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 565
  • Frontage Type: County Road
  • List Price: 975000
  • Waterfront: Yes
  • Rail Availability: None

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: None
  • Utilities: Electric to Site, Gas to Site, Sewer-Storm Available, Water-Municipal

Schools

  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.92
  • Lot Dimensions: 437X128X245X132X175X57
  • Zoning: COMMR
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Land Amenities: Water Rights
  • Land Description: Beach,Cleared,Pond/Lake

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 19365.6
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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
09/09/2021 09/09/21 Sold $925,000 -5.1% --
06/02/2021 06/02/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $975,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11107761

Midwest Real Estate Data (MRED)