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27888 N Beech St
Island Lake, IL 60042
 SENIOR HOUSING DEVELOPMENT OPPORTUNITY · Land For Sale · 5.00 AC

Residential Land & Home Lots Illinois Island Lake 27888 N Beech St, Island Lake, IL 60042

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EXECUTIVE SUMMARY

An IDEAL SENIOR HOUSING DEVELOPMENT SITE - INDEPENDENT LIVING - MEMORY CARE - SKILLED NURSING - REHABILITATION - ETC. This 5 ACRES site has recently been Annexed, Zoned R-5 with Special Use and approved by The Village of Island Lake for upto 84 Units and 3 Floors of a variety of SENIOR USES.

PROPERTY FACTS Under Contract

Sale Type Owner User Property Subtype Residential
No. Lots 1 Proposed Use
Multifamily
  • Apartment Units - Senior
  • Healthcare
Property Type Land Total Lot Size 5.00 AC
Zoning R
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Senior
  • Healthcare
Total Lot Size 5.00 AC
Zoning R

1 LOT AVAILABLE

Lot

Price $1,407,087 CAD Lot Size 5.00 AC
Price Per AC $281,417.48 CAD
Price $1,407,087 CAD
Price Per AC $281,417.48 CAD
Lot Size 5.00 AC

DESCRIPTION

An IDEAL SENIOR HOUSING DEVELOPMENT SITE - 5 ACRES - PLUS ADDITIONAL LAND is available by same ownership allowing developer great flexibility. This 5 Acre site has recently been Annexed, Zoned R-5 with Special Use and approved by The Village of Island Lake for upto 84 Units and 3 Floors of a variety of SENIOR USES; such as, Assisted Living, Memory Care, Independent Care, etc.

 

  • Listing ID: 19787728

  • Date on Market: 2020-06-04

  • Last Updated:

  • Address: 27888 N Beech St, Island Lake, IL 60042

The Land Property at 27888 N Beech St, Island Lake, IL 60042 is currently available for Sale. Contact Brian Coleman & Associates for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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