Description

Calling all Builders, Developers and Investors... Do I have a deal for you!! Vacant land opportunity, with R7 zoning (Multi-family unit building) in the heart of Vernon Hills! Rare properties like this one are so hard to find!! Tons of income potential! The neighbor to the east is a 6 unit building and has a comparable footprint. Build a duplex, town homes or condos. Buyer demand in this area is very high. Walking distance to the high-ranking middle and elementary schools, Big Bear Lake, Century Park, Peterson Park and tons of shopping! Opportunities like this don't come along very often. Make your appointment to see this property today! Some restrictions apply - (1) new building cannot be taller than two stories, (2) no commercial or recreational rezoning is allowed, (3) seller shall not be obligated to enter into a binding contract with the Buyer until and unless approval from at least two-thirds (2/3) of the homeowners at a duly convened membership meeting of the Homeowners Association (HOA) is obtained and documented and (4) all possessions located on the premises constitute the personal property of the seller and are subject to removal by the seller. Only the land, pool and building are being sold. Pool and onsite building need to get demolished at the buyer's expense. Property being sold in as-is condition.

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Listed by: Ghita Mueller