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$1,650,000   Price Analysis
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425 Benjamin Dr
Vernon Hills, IL 60061
Unknown bed 0 bath unknown SqFt ($0/SqFt)
1.38 acre lot.
Listed 2024-02-06, Taxes $16,887
Ⓧ USDA Ineligible
due to property

near Vernon Hills

North suburban Development site in Prime location.

1.3 acre, multifamily zoning, R-7, improved, with a PUD allowing 40 roomy units. Private cul de sac adjacent to Lake County Half Day Forest preserve with nearby extensive walking, biking trails and green scenic views.

Awrd winning Stevenson High School and Lincolnshire D103 schools. Highly desirable neighbors include Lifetime Fitness, Mellody Farms shopping, abundant dining options, Metra and 294 easy access. Tremendous in-fill development opportunity!


Presented by Geri Katz Emalfarb at
@properties Highland Park.
Listing Agent Photo

Property MLS #11948483 from MRED

Total Bathrooms: 0

Yes

Frontage Type: Paved
Road Surface Type: Asphalt

Lot Size Acres: 1.38
Lot Size Square Feet: 60113

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Laura B Sprague School
Elementary School District: 103
High School: Adlai E Stevenson High School
High School District: 125

Half Day School is a public elementary school located approximately 1.5 miles away.
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Daniel Wright Jr High School is a public middle school located approximately 1.5 miles away.
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Adlai E Stevenson High School is a public high school located approximately 1.6 miles away.
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CDW at Play Child Care Center is a private elementary school located approximately 0.8 miles away.
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Annual Tax Amount: 16887.08
Source Listing Status: Active
County: Lake
Current Use: Development
Directions: MILWAUKEE NORTH OF ROUTE 22 TO RIVER'S EDGE EAST
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Possible Use: Condominium, Development
Source Neighborhood: Rivers Edge
Parcel Number: 15101000480000
Subdivision: Rivers Edge
Township: Vernon
Zoning: PUD
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $182,031
$182,031
$16,887
2021$unknown + $180,068
$180,068
$16,230
2019$unknown + $180,016
$180,016
$15,347
2018$unknown + $173,409
$173,409
$14,573
2017$unknown + $169,361
$169,361
$14,251
2016$unknown + $228,814
$228,814
$13,711
2015$unknown + $213,985
$213,985
$19,075
2014$unknown + $276,304
$276,304
$27,029
2013$unknown + $296,751
$296,751
$26,392
2012$unknown + $302,396
$302,396
$25,762
2011$unknown + $308,096
$308,096
$23,851
2010$unknown + $284,958
$284,958
$20,419
2009$unknown + $300,747
$300,747
$19,491
2008$unknown + $291,647
$291,647
$18,712
2007$319,720 + $unknown
$319,720
$20,334

Price Changed 2024-05-29
$1,650,000
MRED
Listing removed 2024-03-20
$1,900,000
MRED
Listed 2024-02-06
$1,900,000
MRED
Listed 2024-02-06
$1,900,000
MRED

Electric Nearby
Gas Nearby
Sanitary Sewer
Water Nearby
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unknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.