Gurnee, IL 60031 1250 S Oplaine Road

Presented By: EXIT Strategy Realty
  • MLS# 12000690
  • 03/10/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

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.
Presented By: EXIT Strategy Realty

Interior Features for 1250 S Oplaine Road

Bathrooms

Total Baths

Other Interior Features

Street SuffixRoad

General for 1250 S Oplaine Road

Additional Parcels Y/NYes
CityGurnee
CountyLake
Current UseLegal Non Conforming, Recreational, Single Family
Days on Market6
DirectionsExit 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.
Elementary School District56
High School District56
MLS AreaGurnee
Middle/Junior School District56
Other StructuresBarn(s), Residence
Percent OwnershipFee Simple
PossessionClosing
Possible UseCommercial, Industrial, Office and Research, Development, Recreational, Residential, Multi-Family, Single Family, Retail, Special Use
Property TypeLand
Property TypeLand
Standard StatusActive
StatusActive
Street NameOplaine
Tax Annual Amount4457
Tax Year2022
TownshipWarren
UtilitiesElectric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby
Waterfront Y/NNo
ZoningOTHER

Exterior for 1250 S Oplaine Road

Frontage Length340'
Frontage TypeFrontage Road, Public Road, Paved
Lot Dimensions340', 547', 350'
Lot Size Acres2
Road Surface TypeAsphalt
Total Parking0

Additional Details

Price History

Worth Clark

Price $950,000
MLS#12000690
List Date 03/10/2024
Property Type Land
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