WATERFRONT DEVELOPMENT OPPORTUNITY!!

This extraordinary property encompasses approximately 5 acres, with a road easement, right on the picturesque 89-acre Lily Lake, nestled within the thriving McHenry County. Located directly on Rt. 120 and West of the new Woodman's Development at Rt. 12 and 120 gives prime exposure to increasing vehicle traffic. Lakemoor is an area experiencing rapid growth, with robust demographics and a burgeoning landscape of fresh residential and retail developments. This locale is poised for ongoing expansion, thanks to the city's proactive approach to fostering economic growth.

The optimal utilizatin for this property extends to mixed-use possibilities, among other potentials. I n the coming months, the city has plans for lake dredging and further expansion of the scenic boardwalk encircling the lake. The city holds adjacent parcels and eagerly invites discussions with developers, embracing novel concepts to enrich the city's footprint. This represents a unique opportunity for diverse applications on the lake, with potential rezoning options on the horizon. Property currently has a 4, 800sf sports bar / restaurant with gaming machines. earn income while you develop!

Request Information
on 613-615 Rand Rd
in Lakemoor, IL
Presented by Todd Klein at
COMPASS.


Property MLS #11902659 from MRED

+ Reveal additional info including schools and tax history

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+ Bathrooms

Total Bathrooms: 0

+ Appliances

Yes

+ Land Info

Additional Parcels: Yes
Lot Size Acres: 5.27
Lot Size Dimensions: 270 X 285
Lot Size Square Feet: 229561

+ Exterior and Lot Features

Frontage Length: 270
Frontage Type: City Street, Easement
Road Surface Type: Asphalt, Dirt, Gravel

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School District: 156
High School District: 156
+ Display Complete School Details

Mchenry Middle School is a public middle school located approximately 2 miles away.
Map directions

Hilltop Elementary School is a public elementary school located approximately 2.2 miles away.
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Mchenry East High School is a public high school located approximately 3 miles away.
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Montini Catholic School is a private elementary and middle school located approximately 3.2 miles away.
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+ Other Property Info

Annual Tax Amount: 12532.38
Source Listing Status: Active
County: Mc Henry
Current Use: Commercial
Directions: Southeast corner of IL RT 120 (Rand Rd) & East Blvd., S side of road on Lily Lake
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Land
Parcel Number: 1032381027
Township: McHenry
Property Subtype: Land
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $8,499 $8,499	$792
2021	$unknown + $7,915 $7,915	$756
2020	$unknown + $7,585 $7,585	$731
2019	$unknown + $7,203 $7,203	$723
2018	$unknown + $6,876 $6,876	$766
2017	$unknown + $6,453 $6,453	$739
2016	$unknown + $6,031 $6,031	$718
2015	$unknown + $5,615 $5,615	$710

+ Reveal Property Sale History

Listed 2023-10-06
$845,000
MRED

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Listing removed 2023-07-19
$875,000
MRED

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Price Changed 2023-02-10
$875,000
MRED

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Price Changed 2022-08-31
$895,000
MRED

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Listed 2022-07-21
$950,000
MRED

+ Utilities

Electric to Site
Gas to Site
Sanitary Sewer
Well Private