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0 Properties Within 0.5 miles of: 815 Bay, Mchenry

815 Bay
Mchenry, IL 60051

Price

$2,595,000

Est Payment
$15,067 / month (details)  
Taxes
$17,231  
Type
Vacant Land  
Sq. Ft.
n/a  
Lot Size
528X2040 - 2040X1287  
Neighborhood
Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood  
MLS
#09496058
Status
Cancelled

Property Description

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

Property Map

Property Details

Utilities

  • Heating Gas
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Payment Calculator

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

Listing History

02-06-2017 Listed at $5,000,000
07-28-2017 Price decreased by $500,000 to $4,500,000
12-29-2017 Price decreased by $501,000 to $3,999,000
09-28-2018 Price decreased by $499,000 to $3,500,000
12-01-2018 Price decreased by $165,000 to $3,335,000
01-18-2019 Price decreased by $235,000 to $3,100,000
03-02-2019 Price decreased by $100,000 to $3,000,000
10-07-2019 Price decreased by $405,000 to $2,595,000
04-11-2021 Status changed to Cancelled
Last Modified 4/11/21 3:34 PM
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