$ 4,800,000
7220 State Park RD Fox Lake, IL 60020
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$ 4,800,000
Est. payment | /mo
102.35 Acres Lot
$ 4,800,000
Est. payment | /mo
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
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Listed by Mo Marienthal • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "