Address
1201 N Fairfield Road Wauconda, IL
Price
$ 790,000
Property Attributes
  • MLS#10927298
  • TypeLand
  • CountyLAKE
  • CityWauconda
  • AreaWauconda
  • Zip60084
  • StyleCommercial
  • Taxes$ 11762
  • Price$ 790,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.88 Acres
Listing Provided Courtesy Of:
Blue Fence Real Estate Inc.
Data Source:
Midwest Real Estate Data LLC
Property Description

Vacant land borders both Fairfield Road & Bonner Road on the edge of Wauconda. The village identifies this parcel as commercial in its long range plan. An easement exists for bringing water and sewer to the property under Millennium trail. Traffic counts conducted in 2009, before the traffic light was installed and intersection was widened, were 13,634 for Fairfield Road and 5,632 for Bonner Road, with anticipated annual growth of 3 percent. This parcel is to be sold together with PIN 10-19-200-003, which has a 4-unit bldg that now generates $32,775 annual NI. See ALTA & site plan for proposed coffee shop, other retail, and apartments above in attachments. This property is on the intersection of two county highways. Lake County Transportation Department's general policy is to provide access only from the least traveled road. It is important to note, however, that if access is only provided from Bonner Road, all access and egress would need to cross over the Forest Preserve's Millennium Trail easement along the property's southern edge. It is the seller's opinion that a strong argument can be made for a right-only in and right-only out access and egress from the Fairfield Road southbound lane as a way of mitigating hazards to pedestrians, bicyclists, runners and equestrians on the trail. Should the Forest Preserve District elect to reroute the trail underneath Bonner Road via tunnel to avoid such potential hazard, that would effectively abandon the easement, making more property available for business expansion.

Elementary School Middle School High School
Fremont Elementary School Fremont Middle School Mundelein Cons High School
Price History
11/6/2020 Listed $790,000

General Features

Current Use Zoning Change Required
Elementary School Fremont Elementary School
Elementary School District 79
High School Mundelein Cons High School
High School District 120
Middle/Junior High School Fremont Middle School
Middle/Junior School District 79
Ownership Fee Simple
Possible Use Commercial
Property Type Land
Property Type Land
Standard Status Active
Tax Annual Amount 11762
Township Fremont
Zoning OTHER

Exterior Features

Frontage Length 585
Frontage Type County Road
Lot Dimensions 317 X 362 X 135 X 200 X 100 X 320 X 30 X 265
Lot Size Acres 2.88
Road Surface Type Asphalt
Waterfront Y/N No

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
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60084

Price
AVG $190K
$790K
Taxes
AVG $2,020
$11,762
Visits
AVG 389
182

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.