$7,444,000
$49K PRICE DROP

99 Quentin Rd Lake Zurich, IL 60047

Estimated payment $40,549/month

Total Views 67,657
17.25 Acres
$431,536 Price per Acre
751,410 Sq Ft Lot

Highlights

  • Waterfront
  • 17.25 Acre Lot
  • Farm
  • Kildeer Countryside Elementary School Rated A

About This Lot

Exceptional opportunity for developers seeking a prime location for a mix-use development, strategically located in Lake Zurich, this pre-approved site will be a hub of activity and commerce. A total of approximately 17.25 acres, the blend of residential and commercial spaces will cater to the diverse needs of the community. The rear is designated for the construction of 56 luxury townhomes, providing an attractive housing option in a thriving locale. Positioned along Route 22, this property is a prime frontage for commercial enterprises. With a gas station on the corner and four retail properties lining the thoroughfare, businesses will benefit from high visibility and steady traffic flow. Directly across from Mariano's food store, it is close to essential amenities and services. Easy access to shopping, dining, and recreational opportunities. Uniquely positioned to capitalize on the benefits of the beautiful and well-managed Village of Lake Zurich, including access to Chicago's fresh water, and Lake Zurich sewer connections. The highly regarded Stevenson High School District and excellent elementary and middle schools with the modern, well-equipped library, will create great educational opportunities for the children. The beautiful Lake Zurich offers opportunities for leisure and relaxation, enhancing the overall quality of life. Situated at the bustling intersection of Route 22 and Quentin Rd, this property benefits from high traffic counts, ensuring a steady stream of potential customers for commercial ventures. Don't miss out on this rare chance to shape the future of Lake Zurich. Whether you're envisioning vibrant retail spaces, upscale residences, or a combination of both, this property offers limitless potential. This development concept is pre-approved by Lake Zurich but there are other possibilities including all commercial plans, for example, an Artificial Intelligence Development Center, Data Center, and other uses that will adhere to environmentally friendly developments. Contact us now and explore this prime development opportunity and turn your vision into reality. Additional details and development plans are available upon request.

Listing Agent

Alexander Dukor

AMD Real Estate Group, Inc. License #471006866 Listed on: 02/02/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,248

Lot Details

  • 17.25 Acre Lot
  • Waterfront
  • Property is zoned SINGL

Schools

  • Kildeer Countryside Elementary S
  • Woodland Middle School
  • Adlai E Stevenson High School

Farming

  • Farm

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$16,248

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • Actual Status: Active
  • ResoPropertyType: Farm
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: Yes

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Elementary School: Kildeer Countryside Elementary S
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Woodland Middle School

Lot Info

  • Lot Size Acres: 17.25
  • Lot Dimensions: 1903
  • Zoning: SINGL
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 16248.44
  • Tax Year: 2022
  • Tax Exemptions: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $16,248 $180,310 $37,493 $142,817
2023 $15,146 $163,906 $34,017 $129,889
2022 $15,146 $152,312 $32,550 $119,762
2021 $14,404 $147,994 $31,301 $116,693
2020 $14,015 $147,496 $30,803 $116,693
2019 $13,548 $145,794 $30,119 $115,675
2018 $12,816 $140,015 $23,742 $116,273
2017 $12,699 $137,992 $23,121 $114,871
2016 $12,367 $133,280 $22,046 $111,234
2015 $12,330 $126,757 $20,810 $105,947
2014 $11,631 $118,143 $25,071 $93,072
2012 $11,806 $118,206 $24,937 $93,269
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2025 02/05/25 Price Changed $7,444,000 -0.1% --
12/04/2024 12/04/24 Price Changed $7,449,000 -0.1% --
10/14/2024 10/14/24 Price Changed $7,459,000 -0.5% --
02/04/2024 02/04/24 For Sale $7,493,000 0.0% --
01/17/2019 01/17/19 Price Changed $1,400 0.0% $1 / Sq Ft
01/15/2019 01/15/19 Rented $1,400 +8.1% --
11/26/2018 11/26/18 Price Changed $1,295 -7.4% $1 / Sq Ft
10/15/2018 10/15/18 Price Changed $1,399 -3.5% $1 / Sq Ft
10/15/2018 10/15/18 Price Changed $1,449 -3.3% $1 / Sq Ft
09/04/2018 09/04/18 Price Changed $1,499 -6.3% $1 / Sq Ft
08/06/2018 08/06/18 For Rent $1,599 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $3,927,000 Multiple
Warranty Deed -- First American Title Ins Co
Interfamily Deed Transfer -- Ticor Title
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 11973535

Midwest Real Estate Data (MRED)

APN: 14-22-100-015