• 9103 Miller Road Lake In The Hills, IL 60156

  • $850,000
  • 0
    Sq Ft
  • 4.88
    Acres
  • Listed By: Home Solutions Real Estate
  • Source: Midwest Real Estate Data LLC (MRED)

LOCATION LOCATION LOCATION DEVELOPMENT DREAM PARCEL! Superior Builder's dream location: This parcel of land is annexed into Lake In The Hills, within the Crystal Lake School District...just East of the Huntley Boarder, Just South of Crystal Lake/Lakewood Boarder and just West of Algonquin. Close to the Metra Train Station, I-90 Access, near the Randall Road Golden Corridor for shopping, dinning and entertainment! Close to schools, parks, Huntley Northwestern Medicine Hospital, the Redtail Golf Course/Pinecrest Golf Course, walking paths and every convenience imaginable. This is an absolute central location to every amenity a buyer dreams of! This parcel of land is near the NEW Construction residential developments such as; Trails of Woods Creek by Pulte Homes, Grand Reserve by DR Horton, West View Crossing by Lennar and Fieldstone by M/I Homes. This is the most desirable land site left in this area....just a short distance East of the Boulder Ridge Country Club Development and Entrance on Miller Road. Builders, Developers, Investors....This is an excellent location and opportunity for Multi-Family Development. This parcel is annexed into Lake In The Hills, and Zoned R-4 Multi-Family. Within the R-4 zoning district Town Homes (single-family attached dwellings) are a permitted use, Multi-Family (apartments) are also a permitted use. Senior Housing is allowed in the R-4 district with approval of a conditional use. This location/area supports high end town home sale prices, and high end rental rates. The Village of Lake In The Hills had approved this site for a 24 unit town home planed unit development for 2 story dwellings ranging from 2,173 square feet to almost 2,400 square feet per unit in 2006...and currently is receptive to looking at similar plans and plans for more "units" with less square footage, as well as apartments and would consider senior housing as well. The backup package includes the annexation agreement from 2006. This document includes all of the approved property owner and Village obligations, and includes the approved tentative plat, engineering and landscaping plans. Per the Village Code, the final documents would need to have been approved within one year. As the plans are from 2006, the Village would need full new plans for any proposed development. This document provides an excellent start for a prospective developer considering building the same town homes. The Village of lake In This Hills is receptive and eager to see this parcel developed! Also included in the backup package is Section 7 of the Zoning Code. Any new development would need to comply with the minimum lot size, minimum setback, maximum height and minimum floor area requirements in Section 7 of the Zoning Code. There is currently a ranch home on the property and pole/metal building...both are rented on a month to month basis adding additional income until you are able to start your project! Frontage Road: Miller Road. Traffic Counts on Miller Road: 5,800 VPD. Crystal Lake Schools, and the highly desirable Crystal Lake South High School District. This is an exceptional prime development opportunity. Adjacent to residential development, in one of the fastest growing Areas in Illinois. Aerial Videos are also linked if you click on the "virtual tour tab" under the photos, the 1st aerial video is displayed, aerial video 2 & 3 are the next "video" links next to "virtual tour" tab.

Property Type :

Land

County :

McHenry

Style :

Land

Property Details

 

Lot Information

Lot Dimensions: 390X566X390X560

Lot Acres: 4.88

Lot Size: 4.0-4.99 Acres

Property Information

Property Type: Land

Sub Type: Land

Listing Price Information

Original List Price: $850000

Tax Information

Annual Tax: $9089.94

Tax Year: 2022

Parcel Number: 1824300024

Tax Exemption: None

Utility Information

Electric to Site, Gas to Site, Water to Site

Location Information

City: Lake In The Hills

Direction: From East: Randall Road to Miller Road, West on Miller Road to Property...Property is just East of Lakewood & Just East of the Exner Conservation District Entrance From the West: Route 47 to Algonquin Road, Algonquin Rd. to Lakewood, Lakewood North to Miller Road, East (right) on Miller Road to Property.

Disclaimer: The information being provided courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMidwest Real Estate Data LLC (MRED). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of Midwest Real Estate Data LLC (MRED). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 04/29/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 04/29/2024 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 04/29/2024 @ 06:20

MLS: MRED #12017671
LISTED BY: Tammy Parzygnat, Home Solutions Real Estate
SOURCE: Midwest Real Estate Data LLC (MRED)
Buyer Agency Compensation: 2.5%-$495
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $50,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion