$850,000

O Midlothian Road, Hawthorn Woods IL, 60047

Lot size7.7 Acres

Property typeLand

Listed by Bryan Cool with Epique Realty Inc 888-893-3537

Overview

Active

Listed Jun 4, 2024

Updated Aug 3

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! :-)

Other Property Details

Taxes: $152
Tax Frequency: Annually

Listed by Bryan Cool with Epique Realty Inc 888-893-3537

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