O Midlothian Rd Hawthorn Woods, IL 60047
Estimated payment $4,749/month
Highlights
- 7.7 Acre Lot
- May Whitney Elementary School Rated A
- Farm
About This Lot
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! :-)
Property Details
Property Type
- Land
Est. Annual Taxes
- $152
Lot Details
- 7.7 Acre Lot
- Property fronts a private road
- Dirt Road
- Property is zoned AGRIC
Schools
- Lake Zurich High School
Farming
- Farm
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2024 06/04/24 | For Sale | $850,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12074169
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