847-778-9519
37600-37824 N Cedar Lake Rd, Lake Villa, IL for Sale
Residential LAND - FOR SALE
1/10
3,484,800 SF

37600-37824 N Cedar Lake Rd
Lake Villa, IL 60046


HIGHLIGHTS

  • Ready for Single Family, Townhome development
  • Utilities close to development site
  • Six Builder ready lots for models or spec

OVERVIEW

Lovinger Partners - Baird & Warner Real Estate is proud to offer this exceptional development opportunity in Lake Villa, IL. The Pines Subdivision is ready for its next phase. With wetland mitigation fully completed, a portion of the groundwork has already been done—allowing a developer to move forward efficiently with future construction. The offering includes a 64-acre back parcel that has received preliminary approval for up to 120 residential units as part of the continued build-out of The Pines. While the current concept supports traditional residential development, the Village of Lake Villa has expressed favorable interest in alternative concepts, including a 55+ active adult or retirement community, offering flexibility for a buyer to re-envision the project to meet market demand. Phase 1 of the subdivision is already established and includes six shovel-ready lots, ideal for model homes or spec builds that can help jumpstart marketing and offset early development costs. Located in an area experiencing a strong demand for new housing, this property represents a rare chance to step into an entitled and infrastructure-ready development within a growing Lake County community. With approvals underway, mitigation completed, and flexible development potential, The Pines Subdivision is positioned for immediate continuation by the next developer.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Pines

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Master Planned Community, Planned Unit Development, Single Family Development

LAND ACRES

80 AC

LAND SF

3,484,800 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable, Telephone

ZONING

R-1, County

APN/PARCEL ID

06-04-300-006,06-05-400-022,06-05-401-042,06-05-401-044,06-05-401-045,06-05-401-046,06-05-401-047,06-05-406-001,06-05-406-004

ASK ABOUT THIS PROPERTY

Benjamin LovingerBaird & WarnerMore Info
847-778-9519

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Benjamin LovingerBaird & WarnerMore Info
847-778-9519

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.