613-615 Rand Road

Lakemoor, IL 60051

$845,000
Price
229,561 / 5.27
Lot Size / Acres

Description

WATERFRONT DEVELOPMENT OPPORTUNITY!! This extraordinary property encompasses approximately 5 acres, with a road easement, right on the picturesque 89-acre Lily Lake, nestled within the thriving McHenry County. Located directly on Rt. 120 and just West of the new Woodman's Development at Rt. 12 & 120 gives prime exposure to increasing vehicle traffic. Lakemoor is an area experiencing rapid growth, with robust demographics and a burgeoning landscape of fresh residential and retail developments. This...WATERFRONT DEVELOPMENT OPPORTUNITY!! This extraordinary property encompasses approximately 5 acres, with a road easement, right on the picturesque 89-acre Lily Lake, nestled within the thriving McHenry County. Located directly on Rt. 120 and just West of the new Woodman's Development at Rt. 12 & 120 gives prime exposure to increasing vehicle traffic. Lakemoor is an area experiencing rapid growth, with robust demographics and a burgeoning landscape of fresh residential and retail developments. This locale is poised for ongoing expansion, thanks to the city's proactive approach to fostering economic growth. The optimal utilization for this property extends to mixed-use possibilities, among other potentials. In the coming months, the city has plans for lake dredging and further expansion of the scenic boardwalk encircling the lake. The city holds adjacent parcels and eagerly invites discussions with developers, embracing novel concepts to enrich the city's footprint. This represents a unique opportunity for diverse applications on the lake, with potential rezoning options on the horizon. Property currently has a 4,800sf sports bar / restaurant with gaming machines...earn income while you develop!

Listing Agent

  1. Todd Klein

    Todd Klein

    Listing Agent

    Compass

    todd.klein@compass.com

    P: 847.609.8633

Property Details for 613-615 Rand Road

Area
Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Township
McHenry
Ownership
Fee Simple
Num Of Cars
0.0
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LISTING UPDATED: 10/12/2023 12:07 AM

Property Details for 613-615 Rand Road

StatusActive
MLS #11902659
Days on Market393
Taxes$12,532 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size5.27 AC
CountyMcHenry County
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Building Information for 613-615 Rand Road

Lot Size5.27 AC

Payment Calculator

$5,656 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,612

Property Taxes

$1,044

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 613-615 Rand Road

General Information
School Information
  • Elementary School District: 156
  • High School District: 156
  • Middle Or Junior School District: 156
Location and General Information
  • Frontage Length: 270
  • Frontage Type: City Street, Easement
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Well Private
Property/Lot Information
  • Lot Size: 5.0-5.99 Acres
  • Lot Dimensions: 270 X 285
  • Buildings on Land: Yes
  • Waterfront: Yes
  • General Information: None
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-10-06T14:18:48
  • Photos Count: 2
Miscellaneous
  • Current Use: Commercial
  • Road Surface: Asphalt, Dirt, Gravel
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 613-615 Rand Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 613-615 Rand Road

This home is within Mchenry Central Consolidated School District 15.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hilltop Elementary School
PublicK to 3

Chauncey H Duker School
Public3 to 5

Mchenry Middle School
Public6 to 8

Mchenry East 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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613-615 Rand Road is a 5.27 ac of land for sale in Lakemoor, IL 60051. This property was listed for sale on October 6, 2023 by Compass, it's currently listed at $845,000. This listing's school districts are Mchenry Central Consolidated School District 15, Mchenry Chsd 156 School District. Nearby schools include Hilltop Elementary School, Chauncey H Duker School and Mchenry Middle School. 613-615 Rand Road is a 0-bed, 0-bath, 5.27 ac of land on a 229,561 sq. ft. / 5.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.