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 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.
Property Type
LandCounty
LakeStyle
LandAD ID
45360782
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Property Details
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Property / Lot Details
Lot Information
- Lot Dimensions: 340',547',350'
- Lot Acres: 2
Property Information
- Property Type: Land
- Sub Type: Land
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Listing Information
Listing Price Information
- Original List Price: $950000
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Taxes / Assessments
Tax Information
- Annual Tax: $4457
- Tax Year: 2022
- Parcel Number: 07351000250000
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School, Utilities &Location Details
Utility Information
- Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby
Location Information
- City: Gurnee
- Direction: Exit off Tollway 294 North at 137 and go west to O'Plaine and turn right, or exit 120 and go east and turn right onto O'Plaine. Property intersects McGraw.
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BuyOwner last updated this listing Sun Aug 18 2024
- MLS: MRD12000690
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Midwest Real Estate Data LLC (MRED)
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Gurnee , in zip code 60031, this Lake County Land and are nearby neighborhoods.