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1250 S Oplaine Road, Gurnee, IL 60031
$950,000
1250 S Oplaine Road, Gurnee, IL 60031View this property at 1250 S Oplaine Road, Gurnee, IL 60031
1250 S Oplaine RoadGurneeIL60031
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Property Description
ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres at the stoplight intersection at 1250+60 S. O'Plaine and McGaw with 340 feet of frontage adjacent to I-94 just a little south of route 120. This is only 4 MINUTES from the massive $375 million casino in Fountain Square called AMERICAN PLACE. The temporary version of this is already opened. This will transform Waukegan the same way the riverboat in Elgin did. This could be ideal for R-5 development, there will be a need for multi-housing for the casino employees nearby. Multi-unit and commercial requests will require a zoning change. Located between Route 120 and Route 137 which is adjacent to multiple residential subdivisions. There is a real need for convenience stores, restaurants, gas, stations, branch banks, etc. on the O'Plaine corridor. Traffic will probably expand exponentially area wide once the casino opens fully for business within the next two years. Current VPD is 11k on O'Plaine and 170,000 on I-94. Google earth the site to observe the adjacent areas for ideas. The Pritzker family owns 40 acres on the other side of the tollway and will eventually be slated for development once the area becomes active. Two parcel site with two pins, 07-35-100-024+025. SEE ATTACHMENTS FOR ADDITIONAL DETAILS. Drive by only, GUARD DOGS on duty.
Full Property Details
Full Property Details for 1250 S Oplaine Rd
General
- Price: $950,000
- Taxes: $4,457 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: 12000690
- Updated: 3/16/2024
- Added to Site: 49 day(s) ago
Additional Information
- Other Features: Interstate Access
Location
- Area: Gurnee
- County: Lake
- Township: Warren
- Driving Directions: Exit off Tollway 294 North at 137 and go west to O'Plaine and turn right, or exit 120 and go east and turn right onto O'Plaine. Property intersects McGraw.
- Location Details: Corner, Mixed-Use Area
School Information
- School District: 56
- Elem School District: 56
- Midd School District: 56
- High School District: 56
Utilities
- Onsite: Electricity Nearby, Gas Nearby, Sanitary Sewer, Water Nearby
Structural Information
- Square Feet: 2
- Current Bldg. Use: Legal Non-Conforming, Recreational, Single Family
Additional Structures
- Other Structures: Barn(s), Residence
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 83,200
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 340', 547', 350'
- Frontage: Frontage Road, Public Road, Paved
- Frontage Feet: 340'
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Industrial, Office and Research, Development, Recreational, Residential, Multi-Family, Single Family, Retail, Special Use
- Zoning: OTHER
- Lot Description: Rolling Rural, Sloping
Financial Considerations
- Tax Amount: $4,457
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7351000250000
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Schools
Schools serving 1250 S Oplaine Rd
School Districts:Woodland Community Consolidated School District 50, Warren Township High School District 121
Rating | Name | Grades | Distance |
---|---|---|---|
17261 W Gages Lake Rd, Gages Lake, IL 60030 | 1-3 | 3 mi | |
Woodland Primary School
17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 3.1 mi | |
1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 3.5 mi | |
7000 Washington St, Gurnee, IL 60031 | 6-8 | 3.7 mi | |
34090 N Almond Rd, Gurnee, IL 60031 | 11-12 | 3.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1250 S Oplaine Rd
Date
Details
Price
Change
Source
3/10/2024
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1250 S Oplaine Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,017
8%
$36,499
19%
2022
$2,785
2%
$30,767
4%
2021
$2,727
2%
$29,532
3%
2020
$2,682
-1%
$28,807
3%
2019
$2,706
-35%
$27,971
-29%
2018
$4,141
2%
$39,545
3%
2017
$4,075
2%
$38,412
5%
2016
$4,005
2%
$36,702
5%
2015
$3,938
-1%
$34,809
—
2014
$3,975
3%
$34,809
1%
2013
$3,852
7%
$34,602
-2%
2012
$3,599
—
$35,459
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1250 S Oplaine Rd
1250 S Oplaine Road, Gurnee, IL 60031 (MLS# 12000690) is a Lots/Land property with a lot size of 2 acres. 1250 S Oplaine Road is currently listed for $950,000 and was received on March 10, 2024. Want to learn more about 1250 S Oplaine Road? Do you have questions about finding other Lots/Land real estate for sale in Gurnee? You can browse all Gurnee real estate or contact a Coldwell Banker agent to request more information.