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- LoopNet Team
743-745 Sheridan Rd
Kenosha, WI 53140
Land For Sale
·
5.57 AC
INVESTMENT HIGHLIGHTS
- Approved 68-unit Market Rate Apartment Development Agreement
- Shovel ready for immediate development | Fully entitled
- Strategic zoning for versatile development opportunities | Ideal for upscale residential and commercial spaces
- 5.4 Miles from the New Microsoft Data Center site | 4.8 Miles from the Kenosha Metra Train Station
- Prime lakefront location in Somers
- Lucrative prospects for Multifamily investor
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 5.57 AC |
| Zoning | B-3 - Zoned B-3 Central Business District | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 5.57 AC |
| Zoning | B-3 - Zoned B-3 Central Business District |
DESCRIPTION
Explore this exquisite 5-acre Multifamily site on Lake Michigan in beautiful Somers, WI! This site's strategic location is just 5.4 miles east of the new Microsoft Data Center on 90th St and KR which presents an exciting opportunity for Multi Family Developers looking to build into the massive backlog of unmet demand for housing in this growing area. With a rich blend of natural beauty and urban convenience, this Approved Lake Michigan Multifamily Development benefits from its proximity to Universities and major employers, including Amazon, Uline, and Haribo among countless others. Residents will enjoy easy access to nearby award-winning schools, and a growing US 94 corridor with retail, shopping, lifestyle, and park district amenities while living on the shores of Lake Michigan just 4.8 miles north of the Kenosha Metra Train Station. The property's location offers a perfect balance of employment opportunities and recreational amenities, making it an exceptional location for premier Multifamily Developers seeking to capitalize on the area's growth and appeal.
PROPERTY TAXES
| Parcel Number | 83-4-223-082-0191 | Improvements Assessment | $0 |
| Land Assessment | $975,000 | Total Assessment | $975,000 |
PROPERTY TAXES
