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$1,899,000
Est. payment /mo
3.54 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12605467
Annual Tax Amount $26,081
Tax Year 2024
Lot Size 3.540 Acres
Lot Dimensions 107x893x235x955
Property Sub-Type Land
Property Description
Developers, come to the front of the class. 3.54 acres in Deer Park currently being used to house a T-Mobile cell tower (earning $8K/month until 21/31/33 - almost 8 years left!); $10K/month from automotive repair companies leasing space in a building on the property (MTM) and approximately $7K/month from MTM contractor vehicle parking. Deer Park wants the parcel eventually developed into residential or mixed use. Location is outstanding. 107 feet of frontage on Rand Road; IDOT vehicle count is 44,900 vehicles/day. In TIF Area #1.
Location
State IL
County Lake
Area Barrington Area
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Building
Dwelling Type Land
Sewer Storm Sewer
Water Municipal Water
Schools
School District 95 , 95, 95
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by David Urbaniak of @properties Commercial