1250 S Oplaine RD, Gurnee, IL 60031 - MLS#12304636

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Garrett Johnson

RE/MAX Connections II

homesbygarrett@gmail.com +1(847) 337-1157

$950,000

Est. payment - /mo

2 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12304636

Annual Tax Amount $5,264

Tax Year 2023

Lot Size 2.000 Acres

Lot Dimensions 340',547',350'

Property Sub-Type Land

Property Description

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 multi-million dollar 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.

Location

State IL

County Lake

Area Gurnee

Zoning OTHER

Interior

Fireplace N

Exterior

Utilities Available Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Building

Dwelling Type Land

Schools

School District 56 , 56, 56

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by John Zimmers • EXIT Strategy Realty

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Garrett Johnson

+1(847) 337-1157

Agent | License ID: 475.188206

Agent License ID: 475.188206

1250 S Oplaine RD Gurnee, IL 60031

Garrett Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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