See all 12 photos
$1,800,000
Est. payment /mo
28.5 Acres Lot
New
406 Monaville RD Lake Villa, IL 60046
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12605954
Annual Tax Amount $1,987
Tax Year 2024
Lot Size 28.500 Acres
Lot Dimensions 4735.5
Property Sub-Type Land
Property Description
Prime 28.5 acres in Lake Villa are ready for a development project. Previously under contract with a large developer who got village approvals for 70-80 2-story townhomes. Current zoning is for residential and the city is willing to work with the next developer to make this project happen. Rezoning can be done easily for whatever you are looking to do! Check the mockups for an incredible MULTI-FAMILY development, or a 100+ ASSISTED LIVING PROJECT, Townhomes, or anything else!
Location
State IL
County Lake
Area Lake Villa / Lindenhurst
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby
Building
Dwelling Type Land
Schools
School District 41 , 41, 127
Others
Ownership Fee Simple
Special Listing Condition None

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bilal Hussain of Ellsbury Group LLC
NEARBY SCHOOL & BUSINESS
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