1250 O'Plaine Road
1250 O'Plaine Road
$950,000
87,120 / 2
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 $375 million 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...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 $375 million 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.
- Listed by John Zimmers • EXIT Strategy Realty
- Listed by Alberto Gonzalez • EXIT Strategy Realty
Property Details for 1250 O'Plaine Road
Area
Gurnee
TownshipWarren
OwnershipFee Simple
Num Of Parking Spaces0.0
ZoningOTHER
Location
LISTING UPDATED: 03/16/2024 12:06 AM
Property Details for 1250 O'Plaine Road
Status | Active |
---|---|
MLS # | 12000690 |
Days on Market | 82 |
Taxes | $4,457 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 2.00 AC |
County | Lake County |
Location
Building Information for 1250 O'Plaine Road
Lot Size2.00 AC
Payment Calculator
$5,556 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1250 O'Plaine Road
Property History for 1250 O'Plaine Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1250 O'Plaine Road
Taxable ValueLand$14,665Additions$21,834Total$36,499
Tax Record2023$3,017 ($251 / month)
Home Facts
Beds0Baths1Total Finished SqFt660 SqFtAbove Grade Finished SqFt660 SqFtStories1Lot Size40,075 SqFtStyleSingle Family ResidenceYear Built1952CountyLAKEAPN07-35-100-024
Schools near 1250 O'Plaine Road
This home is within Warren Twp Hsd 121 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 3 | |||
Public - | 3 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Woodland Elementary School Public1 to 3 | ||
Woodland Intermediate School Public3 to 5 | ||
Woodland Middle School Public6 to 8 | ||
Warren Township High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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