2 Acres of Land for Sale in Gurnee, Illinois
1250 S Oplaine Rd, Gurnee, IL 60031
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
- County
- Lake County
- Community
- Gurnee
- Elevation
- 732 feet
- MLS Number
- MRED 12000690
- Date Listed
Parcels
- 07351000250000
Property taxes
- 2022
- $4,457
Detailed attributes
Listing
- Type
- Lots And Land
- Franchise
- EXIT Realty
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Mar 11, 2024 | New listing | $950,000 | — | MRED |