815 Bay Road

    Mchenry, IL 60051
    • $3,500,000
    • STATUS: Active
    • ON SITE: 645 days
    • MLS #: 09496058
    UPDATED: 43 min ago
    $3,500,000
    • 0
      BEDS
    • 54.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    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

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-11-14T09:51:03.457.

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    www.anirealestate.com/homes/69688698

    815 Bay Road Mchenry, IL 60051

    • Price: $3,500,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 09496058
    0
    Beds
    0
    Baths
    0
    ½ Baths
    54.92
    Acres
    Neighborhood:
    Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
    County:
    McHenry
    Area:
    Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
    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
    Exterior Features

    Building Improvements Garage/SHouse And Out Bldgs Buildings On Land Yes Cars 0 Construction Brick Exterior Building Type Brick Front Footage 528 Frontage Access County RoadPublic Road Land Description ClearedLandscaped ProfessionallyRolling Rural Location CornerForest Preserve AdjacentGolf Course Lot Lot Dimensions 528X2040 - 2040X1287 Lot Size 25.0-99.99 Acres Parking Garage Rail Availability None Road Surface Asphalt Style Of House Traditional Waterfront YN No

    Interior Features

    Air Conditioning Central Air Basement Bathrooms YN No Heat Fuel Gas

    Property Features

    Additional Sales Information List Agent Must Accompany Agent Owned Interest YN No Backup Package YN No Corporate Limits Unincorporated Current Use CommercialRecreationalResidential-Single Family Elementary Sch Dist 15 Farm No General Information School Bus ServiceCommuter Train High Sch Dist 156 Holds Earnest Money Yes Jr High Middle Dist 15 Known Existing Liens None Known Land Amenities ClubhouseFencingLawn Care Ownership Fee Simple Ownership Type Individual Possession Closing Potential Use CommercialResidential-Multi-FamilyResidential-Single Family Rental Price 0 Sale Terms Conventional Special Assessments No Special Compensation Info None Special Service Area N Tax Year 2017 Taxes 28448.00 Total Listed Lots Avail 2 Township Mchenry Type Detached 2 Stories Utilities To Site Electric To SiteGas To SiteSeptic-PrivateWell-Private Zoning Type Singl

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-11-14T09:51:03.457.

    Digital Millennium Copyright Act
     
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