2 Acres of Land for Sale in Gurnee, Illinois

1250 S Oplaine Rd, Gurnee, IL 60031

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$950,000
2 acres
Active sale agoEst $9,282/mo

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.

Directions

Exit off Tollway 294 North at 137 and go west to O'Plaine and turn right, or exit 120 and go east and turn right onto O'Plaine. Property intersects McGraw.

Property details

Coordinates
42.338, -87.9153
Community
Gurnee
Elevation
732 feet
MLS Number
MRED 12000690
Date Listed

Parcels

  • 07351000250000

Property taxes

2022
$4,457

This 2-acre property is located at 1250 S Oplaine Rd in Gurnee, IL 60031 with latitude 42.338 and longitude -87.9153. The property is currently available for sale for $950,000 with a price per acre of $475,000. Listing data is sourced from Midwest Real Estate Data # 12000690.

Verify sale details at the property source or contact EXIT Strategy Realty at (312) 493-0920.

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Listing checked and updated . Parcel data by Regrid.

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