1250 S Oplaine Road Gurnee, IL $ 950,000
1250 S Oplaine Road
$ 950,000
Share Save

1250 S Oplaine Road

Gurnee, IL, 60031
$ 950,000
Baths0.0

Monthly Estimate*

$ 6,636

1250 S Oplaine Road, Gurnee, IL 60031 - Image 1
Studio

Lots and Land for sale in Gurnee, IL

for $950,000. The lot size is 2.

ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres at the stoplight intersection at 1250+60 S. O'Plaine and McGaw with 340 feet of frontage adjacent to I-94 just a little south of route 120. This is only 4 MINUTES from the massive $375 million casino in Fountain Square called AMERICAN PLACE. The temporary version of this is already opened. This will transform Waukegan the same way the riverboat in Elgin did. This could be ideal for R-5 development, there will be a need for multi-housing for the casino employees nearby. Multi-unit and commercial requests will require a zoning change. Located between Route 120 and Route 137 which is adjacent to multiple residential subdivisions. There is a real need for convenience stores, restaurants, gas, stations, branch banks, etc. on the O'Plaine corridor. Traffic will probably expand exponentially area wide once the casino opens fully for business within the next two years. Current VPD is 11k on O'Plaine and 170,000 on I-94. Google earth the site to observe the adjacent areas for ideas. The Pritzker family owns 40 acres on the other side of the tollway and will eventually be slated for development once the area becomes active. Two parcel site with two pins, 07-35-100-024+025. SEE ATTACHMENTS FOR ADDITIONAL DETAILS. Drive by only, GUARD DOGS on duty.

See more

Lots and Land Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,457

Style

Legal Non Conforming,Recreational,Single Family

Lot Size

2

Town/City

Gurnee

County/Region

Lake

MLS | Web ID

12000690

Features
General
Utilities Electric Nearby Gas Nearby Sanitary Sewer Water Nearby
Possession Closing
Zoning OTHER
Township Warren
Tax Year 2022
Current Use Legal Non Conforming Recreational Single Family
Percent Ownership Fee Simple
County Lake
Property Type Land Land
Possible Use Commercial Industrial Office and Research Development Recreational Residential Multi-Family Single Family Retail Special Use
Other Structures Barn(s) Residence
Status Active
Directions Exit off Tollway 294 North at 137 and go west to O'Plaine and turn right or exit 120 and go east and turn right onto O'Plaine. Property intersects McGraw.
City Gurnee
High School District 56
MLS Area Gurnee
Waterfront Y/N N
Street Name Oplaine
Tax Annual Amount 4457
Additional Parcels Y/N Y
Days on Market 6
Standard Status Active
Middle/Junior School District 56
Elementary School District 56
See more
Exterior
Total Parking 0
Lot Dimensions 340' 547' 350'
Lot Size Acres 2
Road Surface Type Asphalt
Frontage Length 340'
Frontage Type Frontage Road Public Road Paved
See more
Interior
Street Suffix Road
Total Baths 0
See more
* Excluded Features
List By
Exit Strategy Realty

Broker

johnzimmers@aol.com

Email

Affordability Calculator

$7,007
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$371
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3849732 Elementary School
3849733 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2024$950,000 Listed Price

Map


See all

1250 S Oplaine Road, Gurnee, IL, 60031 is a Lots and Land for sale at $950,000 with a lot size of 2. 1250 S Oplaine Road is a studio with 0.0 baths. The property's zip code is 60031 which is in Gurnee, IL