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
Taxes
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Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
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