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815 Bay Road

Mchenry, Illinois 60051


John S Josephitis
847.373.1766

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$3,999,000


Square Footage
56 ACRES

Property Type
Vacant Land
Neighborhood
McHenry


Historic Pistakee Country Club is situated on one of the most beautiful parcels in the entire Chain of Lakes area. Located just south of Pistakee Lake, this sale is a great opportunity to create an upscale single family, multi-family, condo & mixed use commercial development. Pre-Annexation agreement with the Village of Lakemoor, IL has been negotiated and includes redevelopment scenarios, incentive packages, property tax abatement, density bonuses, zoning variations & permit fee reductions. Once annexed into Lakemoor, municipal water and sewer can be brought to the site via SSA options, recapture fees possible when coordinated with adjacent properties. Water and sewer to site via Lincoln and Cuhlman Roads. Once annexed into Lakemoor, the property could handle approximately 225 plus single family homes on lots sizes as small as .2 acres. Add 11 acres to the east to create a larger development of 67 acres that would then have direct water access to Pistakee Lake and the Chain of Lakes



Full Features
Architecture Style: Traditional
Exterior Type: Brick
Heating System: Gas
Parking Spaces: 0
Water Front: No
Square Feet: 56
Tax Amount: $26,697
Tax Year: 2015


Taxes & Assessments
Taxes: $26,697

Listing information updated today (05/27/2018)


McHenry photo


McHenry

If you’ve always dreamed of living in Mayberry, McHenry may be the next best thing. McHenry has beautiful lakes, streams and forest preserves but perhaps most the notable nature here is the friendly nature of its residents. Of course, unlikeā€¦

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School District(s)
Mchenry Ccsd 15, Mchenry Chsd 156
Middle School

School Assignment Data provided by the National Center for Education Statistics
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Nearby Public Transportation

Metra
Milwaukee District North

at Fox Lake Metra (2.86 miles away)


 





815 Bay Road Mchenry, Illinois 60051 is a vacant land property, currently listed at $3,999,000. Want to learn more about 815 Bay Road Mchenry, Illinois 60051? Contact an @properties agent to request more info.