Residential Land for Sale in Lake Zurich, Illinois
24840 W State Route 22, Lake Zurich, IL 60047
Exceptional 33.92-acre land development opportunity in the northwest suburban growth corridor. The property offers approximately 910 feet of frontage along IL Route 22 with an estimated 12 acres of upland/buildable area. Currently zoned Open Space (OS) in unincorporated Lake County, the site is identified within the Village of Lake Zurich Comprehensive Plan as a strategic redevelopment opportunity with potential for annexation and Planned Unit Development (PUD) approval. Ideal for residential, conservation subdivision, townhome, mixed-use or other development concepts subject to municipal approvals. Excellent access to Route 22, Rand Road (US-12), shopping, schools and surrounding residential communities. Buyer to perform its own due diligence regarding zoning, annexation, wetlands and development feasibility.
Location
- Street address
- 24840 W State Route 22
- County
- Lake County
- Zip code
- 60047
- Elevation
- 826 feet
Directions
Route 22 (Half Day Rd.) west of Rand Rd. (US-12) to property. Subject property is located on the north side of Route 22 approximately 0.3 miles west of Quentin Rd.
Property details
- MLS #
- MRED 12704751
- Posted
Property taxes
- 2024
- $20,217
Parcels
- 14191000080000
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 14, 2026 | New listing | $2,500,000 | — | MRED |