Auction 5/17: 27 Acre Site with Potential as Subdivision or Senior Housing

Auction Closed
10555 W Russell Rd
Winthrop Harbor, IL 60096
27.28 acre
Development Site
  • Auction 5/17: 27 Acre Site with Potential as Subdivision or Senior Housing

The Details

Sealed Bid Auction May 17th

  • 27.28 acre development site
  • Raw land ready for development
  • Potential to use for senior living, a subdivision or a hobby farm
  • Adjacent property to city-owned open land and two subdivisions
  • Short drive to Sheridan Rd, Metra
  • Current zoning allows for:
    • Minimum Lot Size: 12,750 SF
    • Maximum Coverage: 40%
    • Maximum Building Height: 35‘
  • Zoning: R-2

A 27.28 acre residential land site along the Wisconsin border is available for sale. The site can potentially be developed as a residential subdivision, as a senior living community or used as a hobby farm. This property is adjacent to two residential subdivisions as well as a 10 acre city-owned site. Under the current zoning, the property can be divided into lots as small as 12,750 square feet. This site is located a short drive from Sheridan Rd and the Metra station.

Winthrop Harbor is a family-friendly community in the far northern suburbs of Chicago. The village is home to the Spring Bluff Forest Preserve as well as North Point Marina for boaters and beach-goers.

* Minimum Bid shown does not include the 6.0% Buyer's Premium