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27065 Il-120
Volo, IL 60073
34 acres, $2.49/sf Volo · Land For Sale · 19.44 AC

Investment Highlights

  • Join Woodmans Market Center Area Development
  • Retail, Residential and Medical Development
  • Excellent Frontage on RT120 ±27,000 cars/day
  • Proposed Uses: Senior Living, Retail/Office, Residential, Multi-Family

Executive Summary

Individual Parcels also For Sale: 3.08ac, 5.4ac, 9.06ac, 17.1ac. Individual prices available. Utilities nearby at Ellis Drive.

Property Facts Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 19.44 AC
Zoning B1 - General Business

1 Lot Available

Lot 1

Price $3,763,715
Price Per AC $108,464.41
Lot Size 34.70 AC

Group Price: $3,763,715.00, $108,466/ac; ($2.49/sf)-Four (4) lots contiguous, totaling 34.7acres; will consider selling separately. Two signalized corners , Rout 9+ acres, high visibility at signalized intersection of Gilmer Rd and RT 120;

Description

34.7 acres of flat to slightly rolling land, a quick walk from major intersection RT12 & 120 totaling over 45k CPD and just east of the new 200k/sf Woodmans Market Center, along with recent outlot development including: BUONA Beef Restaurant, Chipotle Mexican Grill, Starbucks Coffee, Jersey Mikes Subs, Wing Stop, Taco Bell and Dental Care Services, Advocate Medical Center under construction. Total Parcel priced at $2.49/sf, $108,464/acre, $3,763,715. . Nearby Residential Developement along Ellis Dr and newly constructed single family apartments by REDWOOD at Ellis & Gilmer Rd. This is a rapidly growing area within the Village of Volo, Lake County IL.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 09-03-200-096
  • 09-03-400-013
  • 09-02-300-010
Land Assessment
$7,605
Improvements Assessment
$0
Total Assessment
$7,605
  • Listing ID: 22566172

  • Date on Market: 3/25/2021

  • Last Updated:

  • Address: 27065 Il-120, Volo, IL 60073

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