Real Estate Agent Teresa Shreve
Teresa Shreve
(815) 289-3362
Rockford
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24840 W State Route 22 , Lake Zurich, IL 60047

$2,500,000
SAVE TOUR PROPERTY
  • 24840 W State Route 22 , Lake Zurich, IL 60047 Main Photo
New to the Market New
LOT SIZE 910 x Irregular MLS#12704751
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 95
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Property Description

Exceptional 33.92-acre land development opportunity in the northwest suburban growth corridor. The property offers approximately 910 feet of frontage along IL Route 22 with an estimated 12 acres of upland/buildable area. Currently zoned Open Space (OS) in unincorporated Lake County, the site is identified within the Village of Lake Zurich Comprehensive Plan as a strategic redevelopment opportunity with potential for annexation and Planned Unit Development (PUD) approval. Ideal for residential, conservation subdivision, townhome, mixed-use or other development concepts subject to municipal approvals. Excellent access to Route 22, Rand Road (US-12), shopping, schools and surrounding residential communities. Buyer to perform its own due diligence regarding zoning, annexation, wetlands and development feasibility.

24840 W State Route 22 | MLS# 12704751

This land located at 24840 W State Route 22 , Lake Zurich, IL 60047 is currently listed for sale with an asking price of $2,500,000. The property has approximately 910 x Irregular Acres. W State Route 22 is located within the District 95 school district. Search Lake Zurich real estate on tshreve.gogambino.com today.

Property Features

Property Type: Land - Residential
Lot Size: 910 x Irregular
Taxes: $20,217

Feature Descriptions

Current Use: Platted
Frontage: 910
Frontage Type: State Road
Lot Dimensions: 910 x Irregular
Parcel#: 14191000080000
Road Surface: Asphalt
Township: Ela
Utilities: Electric to Site, Natural Gas Nearby, Sewer Nearby

Local Schools

School District: District 95

Listed By / Shown By

Listed By

Agency Name: 33 Realty
Agency Phone: 773-327-4975

Shown By

Agent Name: Teresa Shreve
Agent Phone: (815) 289-3362
Agency Title: Gambino Realtors

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Estimated Payment

$ 13,769.70 per month $11,355.78 Principal & Interest $1,684.75 Property Tax $729.17 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/15/2026. The listing information on this page last changed on 07/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/15/2026 12:31:14 AM EST) or MRED MLS (last updated Wed 07/15/2026 12:26:00 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/14/2026 10:15:48 PM EST) or Northern Illinois Commercial Association Realtors (last updated Tue 07/14/2026 2:10:51 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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