9103 Miller Road Lake in the Hills, IL $ 850,000
9103 Miller Road
$ 850,000
New Construction
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9103 Miller Road

Lake in the Hills, IL, 60156
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,938

9103 Miller Road, Lake in the Hills, IL 60156 - Image 1
9103 Miller Road, Lake in the Hills, IL 60156 - Image 2
9103 Miller Road, Lake in the Hills, IL 60156 - Image 3
9103 Miller Road, Lake in the Hills, IL 60156 - Image 4
9103 Miller Road, Lake in the Hills, IL 60156 - Image 5
9103 Miller Road, Lake in the Hills, IL 60156 - Image 6
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Studio

Lots and Land for sale in Lake in the Hills, IL

for $850,000. The lot size is 4.88.

LOCATION LOCATION LOCATION DEVELOPMENT DREAM PARCEL! Superior Builder's dream location: This parcel of land is annexed into Lake In The Hills, within the Crystal Lake School District...just East of the Huntley Boarder, Just South of Crystal Lake/Lakewood Boarder and just West of Algonquin. Close to the Metra Train Station, I-90 Access, near the Randall Road Golden Corridor for shopping, dinning and entertainment! Close to schools, parks, Huntley Northwestern Medicine Hospital, the Redtail Golf Course/Pinecrest Golf Course, walking paths and every convenience imaginable. This is an absolute central location to every amenity a buyer dreams of! This parcel of land is near the NEW Construction residential developments such as; Trails of Woods Creek by Pulte Homes, Grand Reserve by DR Horton, West View Crossing by Lennar and Fieldstone by M/I Homes. This is the most desirable land site left in this area....just a short distance East of the Boulder Ridge Country Club Development and Entrance on Miller Road. Builders, Developers, Investors....This is an excellent location and opportunity for Multi-Family Development. This parcel is annexed into Lake In The Hills, and Zoned R-4 Multi-Family. Within the R-4 zoning district Town Homes (single-family attached dwellings) are a permitted use, Multi-Family (apartments) are also a permitted use. Senior Housing is allowed in the R-4 district with approval of a conditional use. This location/area supports high end town home sale prices, and high end rental rates. The Village of Lake In The Hills had approved this site for a 24 unit town home planed unit development for 2 story dwellings ranging from 2,173 square feet to almost 2,400 square feet per unit in 2006...and currently is receptive to looking at similar plans and plans for more "units" with less square footage, as well as apartments and would consider senior housing as well. The backup package includes the annexation agreement from 2006. This document includes all of the approved property owner and Village obligations, and includes the approved tentative plat, engineering and landscaping plans. Per the Village Code, the final documents would need to have been approved within one year. As the plans are from 2006, the Village would need full new plans for any proposed development. This document provides an excellent start for a prospective developer considering building the same town homes. The Village of lake In This Hills is receptive and eager to see this parcel developed! Also included in the backup package is Section 7 of the Zoning Code. Any new development would need to comply with the minimum lot size, minimum setback, maximum height and minimum floor area requirements in Section 7 of the Zoning Code. There is currently a ranch home on the property and pole/metal building...both are rented on a month to month basis adding additional income until you are able to start your project! Frontage Road: Miller Road. Traffic Counts on Miller Road: 5,800 VPD. Crystal Lake Schools, and the highly desirable Crystal Lake South High School District. This is an exceptional prime development opportunity. Adjacent to residential development, in one of the fastest growing Areas in Illinois. Aerial Videos are also linked if you click on the "virtual tour tab" under the photos, the 1st aerial video is displayed, aerial video 2 & 3 are the next "video" links next to "virtual tour" tab.

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Lots and Land Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,089

Style

Platted

Lot Size

4.88

Town/City

Lake in the Hills

County/Region

McHenry

MLS | Web ID

12017671

Features
General
Utilities Electric to Site Gas to Site Water to Site
Possession Closing
Zoning MULTI
Township Grafton
Tax Year 2022
Current Use Platted
Percent Ownership Fee Simple
County McHenry
Property Type Land Land
Possible Use Conditional Use Development Platted Multi-Family
Other Structures Metal Building(s) Pole Building
Status Active
Directions From East: Randall Road to Miller Road West on Miller Road to Property...Property is just East of Lakewood & Just East of the Exner Conservation District Entrance From the West: Route 47 to Algonquin
City Lake In The Hills
High School District 155
MLS Area Lake in the Hills
Waterfront Y/N N
Street Name Miller
Tax Annual Amount 9089.94
Additional Parcels Y/N N
Virtual Tour https://youtu.be/mZNUwXhwLuA
Days on Market 6
Standard Status Active
Middle/Junior School District 47
Elementary School District 47
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Exterior
Total Parking 0
Lot Dimensions 390X566X390X560
Lot Size Acres 4.88
Road Surface Type Asphalt
Frontage Length 390
Frontage Type City Street Public Road Paved
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Interior
Street Suffix Road
Total Baths 0
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* Excluded Features
List By
Home Solutions Real Estate

Broker

tparzygnat@att.net

Email

Affordability Calculator

$6,695
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$757
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
567765 Elementary School
564596 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$850,000 Listed Price

Map


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9103 Miller Road, Lake in the Hills, IL, 60156 is a Lots and Land for sale at $850,000 with a lot size of 4.88. 9103 Miller Road is a studio with 0.0 baths. The property's zip code is 60156 which is in Lake in the Hills, IL