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37600-37824 N Cedar Lake Rd
Lake Villa, IL 60046
The Pines · Land For Sale
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80.00 AC


Investment Highlights
- Ready for Single Family, Townhome development
- Six Builder ready lots for models or spec
- Utilities close to development site
Property Facts
1 Lot Available
Lot
| Lot Size | 80.00 AC |
| Lot Size | 80.00 AC |
Raw land ready for development. Wetland mitigation is approved per the attached plan, removing a key hurdle. This is Phase Two of an established and successful subdivision, offering the next opportunity to expand a proven community.
Description
Lovinger Partners - Baird & Warner Real Estate is proud to offer this exceptional development opportunity in Lake Villa, IL. The Pines Subdivision is ready for its next phase. With wetland mitigation fully completed, a portion of the groundwork has already been done—allowing a developer to move forward efficiently with future construction. The offering includes a 64-acre back parcel that has received preliminary approval for up to 120 residential units as part of the continued build-out of The Pines. While the current concept supports traditional residential development, the Village of Lake Villa has expressed favorable interest in alternative concepts, including a 55+ active adult or retirement community, offering flexibility for a buyer to re-envision the project to meet market demand. Phase 1 of the subdivision is already established and includes six shovel-ready lots, ideal for model homes or spec builds that can help jumpstart marketing and offset early development costs. Located in an area experiencing a strong demand for new housing, this property represents a rare chance to step into an entitled and infrastructure-ready development within a growing Lake County community. With approvals underway, mitigation completed, and flexible development potential, The Pines Subdivision is positioned for immediate continuation by the next developer.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $31,827 | Total Assessment | $31,827 |
