Prime 28.5 acres in Lake Villa are ready for a development project. Previously under contract with a large developer who got village approvals for 70-80 2-story townhomes. Current zoning is for residential and the city is willing to work with the next developer to make this project happen. Rezoning can be done easily for whatever you are looking to do! Check the mockups for an incredible MULTI-FAMILY development, or a 100+ ASSISTED LIVING PROJECT, Townhomes, or anything else!
— the listing agent’s description
The home
28.50-acre lot
Land
What it’ll cost
$1,987 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$10,262/mo
Principal & interest$9,571
Property taxes$166
Homeowners insurance$525
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