7220 State Park RD, Fox Lake, IL 60020 – 12056895

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Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

$ 4,800,000

Est. payment | -/mo

102.35 Acres Lot

Save

$ 4,800,000

Est. payment | -/mo

Save

102.35 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12056895

Annual Tax Amount $23,415

Tax Year 2022

Lot Size 102.350 Acres

Lot Dimensions 1327 X 2649 X 2276 X 3372

Property Description

Your next development opportunity has arrived! With 102 acres of land ideally situated for residential development in the picturesque Chain-O-Lakes area, the potential for this project is significant and the developer will have the Village of Fox Lake's full support. Currently a majestic golf course with rolling hills and mature trees, this is a truly unique property. Highly attractive location within close proximity to essential amenities like shopping, restaurants, highways, and a hospital, as well as recreational activities like boating and access to the lake life. Suitable for both 55+ and traditional single-family or multifamily developments. This past Fall, the tree line on the property was trimmed back for enhanced safety and increased aesthetic which is one less maintenance item prior to development. A 7,000-square-foot clubhouse, with a recent exterior renovation and capacity to entertain 125+ guests, offers an excellent opportunity to create a community space for the neighborhood and can also be used immediately as a sales office. Opportunity awaits to develop a residential community in the rapidly growing Chain-O-Lakes area. Preview the property through the Virtual Tour link above and then contact the agent to see it in person.

Location

State IL

County Lake

Area Fox Lake

Interior

Fireplace N

Exterior

Utilities Available Electric Nearby, Gas Nearby, Sanitary Sewer, Sewer-Storm Available, Water to Site

Waterfront false

Building

Dwelling Type Land

Schools

High Schools Grant Community High School

School District 114 , 114, 124

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Mo Marienthal • Compass

GET MORE INFORMATION

Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA