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!
Property Details
Price:
$1,800,000
MLS #:
MRD12605954
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
lakevillalindenhurst
Listed Date:
May 18, 2026
See this Listing
Schools
School District:
127
Interior
Exterior
Financial
Tax Year
2024
Taxes
$1,987
Map
Community
- Address406 Monaville Road Lake Villa IL
- CityLake Villa
- CountyLake
- Zip Code60046
Market Summary
Current real estate data for Land in Lake Villa as of Oct 10, 2026
13
Land Listed
333
Avg DOM
$438,131
Avg List Price
Property Summary
- 406 Monaville Road Lake Villa IL is a Land for sale in Lake Villa, IL, 60046. It is listed for $1,800,000 and features 29 acres.
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Copyright 2026. All rights reserved.
406 Monaville Road
Lake Villa, IL

