Exceptional 33.92-acre land development opportunity in the northwest suburban growth corridor. The property offers approximately 910 feet of frontage along IL Route 22 with an estimated 12 acres of upland/buildable area. Currently zoned Open Space (OS) in unincorporated Lake County, the site is identified within the Village of Lake Zurich Comprehensive Plan as a strategic redevelopment opportunity with potential for annexation and Planned Unit Development (PUD) approval. Ideal for residential, conservation subdivision, townhome, mixed-use or other development concepts subject to municipal approvals. Excellent access to Route 22, Rand Road (US-12), shopping, schools and surrounding residential communities. Buyer to perform its own due diligence regarding zoning, annexation, wetlands and development feasibility.
Property Details
Price:
$2,500,000
MLS #:
MRD12704751
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
hawthornwoodslakezurichkildeerlonggrove
Listed Date:
Jul 14, 2026
See this Listing
Schools
School District:
95
Interior
Exterior
Financial
Tax Year
2024
Taxes
$20,217
Map
Community
- Address24840 W State Route 22 Lake Zurich IL
- CityLake Zurich
- CountyLake
- Zip Code60047
Market Summary
Current real estate data for Land in Lake Zurich as of Oct 10, 2026
10
Land Listed
100
Avg DOM
$602,380
Avg List Price
Property Summary
- 24840 W State Route 22 Lake Zurich IL is a Land for sale in Lake Zurich, IL, 60047. It is listed for $2,500,000 and features 0 acres.
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Copyright 2026. All rights reserved.
24840 W State Route 22
Lake Zurich, IL

