Great OPPORTUNITY for a Developer and/or Builder. The development property consists of four legal parcels and three tax parcels in total consisting of 2.96 acres located at the Northeast corner of Honey Lake Rd and Beech Dr. on the Western edge of Lake Zurich IL. The property currently is improved with three single family older houses along with an in-ground swimming pool and spa enclosed by a glass structure. Each house has its own septic field. The 1240 Honey Lake property and the 68 Beech property share a well. The 60 Beech property has its own well. According to the Village of Lake Zurich zoning code and map on their web site the property is zoned R-5 which allows for minimum lot sizes of 10,000 square feet. Village of Lake Zurich sanitary sewer main and water main run in easements along the south end of the property that abuts Honey Lake Rd. and the western edge of the property along Beech Dr. as well as storm water mains and heads are nearby / adjacent to the property. Also note, according to the information on the Lake Zurich zoning information website that further subdivision of 5 acres or less that does not require an installation of a new street or access easement can be approved at the Plan Commission level.
Listing Courtesy of Jameson Sotheby's International Realty