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4 Properties Within 0.5 miles of: 1250 S Oplaine, Gurnee

1250 S Oplaine
Gurnee, IL 60031

Price

$950,000

Est Payment
$5,362 / month (details)  
Taxes
$4,457  
Type
Land  
Sq. Ft.
n/a  
Lot Size
340',547',350'  
Neighborhood
Gurnee  
MLS
#12000690
Status
Active (104 days)

Property Description

ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres at the stoplight intersection at 1250+60 S. O'Plaine and McGaw with 340 feet of frontage adjacent to I-94 just a little south of route 120. This is only 4 MINUTES from the massive $375 million casino in Fountain Square called AMERICAN PLACE. The temporary version of this is already opened. This will transform Waukegan the same way the riverboat in Elgin did. This could be ideal for R-5 development, there will be a need for multi-housing for the casino employees nearby. Multi-unit and commercial requests will require a zoning change. Located between Route 120 and Route 137 which is adjacent to multiple residential subdivisions. There is a real need for convenience stores, restaurants, gas, stations, branch banks, etc. on the O'Plaine corridor. Traffic will probably expand exponentially area wide once the casino opens fully for business within the next two years. Current VPD is 11k on O'Plaine and 170,000 on I-94. Google earth the site to observe the adjacent areas for ideas. The Pritzker family owns 40 acres on the other side of the tollway and will eventually be slated for development once the area becomes active. Two parcel site with two pins, 07-35-100-024+025. SEE ATTACHMENTS FOR ADDITIONAL DETAILS. Drive by only, GUARD DOGS on duty.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
District 56

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-10-2024 Listed at $950,000
Last Modified 3/16/24 12:05 AM

Nearby Transportation

  • I 94 East 0.7 mi
  • Hwy 41 South 1.1 mi
  • Hwy 41 North 1.1 mi
  • I 94 West 1.7 mi
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