Address
815 Bay Road McHenry, IL
Price
$ 2,595,000
Property Attributes
  • MLS#09496058
  • TypeLand
  • CountyMC HENRY
  • CityMcHenry
  • AreaHoliday Hills - Johnsburg - McHenry - Lakemoor - M
  • Zip60051
  • StyleCommercial,Multi-Family,Single Family
  • Taxes17231
  • Price$ 2,595,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size54.92 Acres
Listing Provided Courtesy Of:
@properties
Property Description

Historic Pistakee Country Club is situated on one of the most beautiful parcels in the entire Chain of Lakes area. Located just south of Pistakee Lake, this sale is a great opportunity to create an upscale single family, multi-family, condo & mixed use commercial development. Pre-Annexation agreement with the Village of Lakemoor, IL has been negotiated and includes redevelopment scenarios, incentive packages, property tax abatement, density bonuses, zoning variations & permit fee reductions. Once annexed into Lakemoor, municipal water and sewer can be brought to the site via SSA options, recapture fees possible when coordinated with adjacent properties. Water and sewer to site via Lincoln and Cuhlman Roads. Once annexed into Lakemoor, the property could handle approximately 225 plus single family homes on lots sizes as small as .2 acres. Add 11 acres to the east to create a larger development of 67 acres that would then have direct water access to Pistakee Lake and the Chain of Lakes

Price History
2/6/2017 Listed $5,000,000
7/28/2017 10% - $4,500,000
12/29/2017 12% - $3,999,000
9/28/2018 13% - $3,500,000
12/1/2018 5% - $3,335,000
1/18/2019 8% - $3,100,000
3/2/2019 4% - $3,000,000
10/7/2019 14% - $2,595,000

General Features

Architectural Style Traditional
Elementary School District 15
High School District 156
Middle/Junior School District 15
Property Type Land
Property Type Land
Standard Status Active
Zoning SINGL

Exterior Features

Exterior Brick
Lot Dimensions 528X2040 - 2040X1287
Road Surface Type Asphalt

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60051

Price
AVG $150K
$2.6M
Taxes
AVG $2,744
$17,231
Visits
AVG 48
344

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