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24840 W State Route 22 Lake Zurich, IL $ 2,500,000
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$ 2,500,000 Get more info
24840 W State Route 22
$ 2,500,000
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24840 W State Route 22

Lake Zurich, IL, 60047
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 15,785

​
Studio

Lots and Land for sale in Lake Zurich, IL

for $2,500,000.

Exceptional 33.92-acre land development opportunity in the northwest suburban growth corridor. The property offers approximately 910 feet of frontage along IL Route 22 with an estimated 12 acres of upland/buildable area. Currently zoned Open Space (OS) in unincorporated Lake County, the site is identified within the Village of Lake Zurich Comprehensive Plan as a strategic redevelopment opportunity with potential for annexation and Planned Unit Development (PUD) approval. Ideal for residential, conservation subdivision, townhome, mixed-use or other development concepts subject to municipal approvals. Excellent access to Route 22, Rand Road (US-12), shopping, schools and surrounding residential communities. Buyer to perform its own due diligence regarding zoning, annexation, wetlands and development feasibility.

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Lots and Land Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 20,217

Style

Platted

Town/City

Lake Zurich

County/Region

Lake

MLS | Web ID

12704751
Features
General
Utilities Electric to Site Natural Gas Nearby Sewer Nearby
Possession Closing
Township Ela
Tax Year 2024
Current Use Platted
Ownership Fee Simple
Additional Parcels Description 14191000060000
County Lake
Property Type Land Land
Status New
Directions Route 22 (Half Day Rd.) west of Rand Rd. (US-12) to property. Subject property is located on the north side of Route 22 approximately 0.3 miles west of Quentin Rd.
City Lake Zurich
High School District 95
MLS Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Tax Annual Amount 20217.34
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 95
Elementary School District 95
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Exterior
Total Parking 0
Lot Dimensions 910 x Irregular
Road Surface Type Asphalt
Frontage Length 910
Frontage Type State Road
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
33 Realty

Broker

aaron@kgilesllc.com

Email

Affordability Calculator

$17,470
Per Month
90%
10%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$1,685
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
566285 Elementary School
565373 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
7/14/2026$2,500,000 Listed Price

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24840 W State Route 22, Lake Zurich, IL, 60047 is a Lots and Land for sale at $2,500,000. 24840 W State Route 22 is a studio with 0.0 baths. The property's zip code is 60047 which is in Lake Zurich, IL

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