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28587 N Monroe Street Wauconda, IL 60084 • Land - Residential • Active

  • 28587 N Monroe Street, Wauconda, IL 60084 Main Photo

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Description

Excellent opportunity to build your dream home on this residential vacant lot in a desirable Wauconda location. Zoned for a single-family residence, this property offers the perfect setting for a custom home while enjoying the charm of an established neighborhood. For developers, builders, or investors, this lot may also be purchased as part of a unique package with three nearby properties located at 28613 Monroe St, 28601 Monroe St, and 28587 Monroe St, creating an exceptional opportunity for redevelopment, investment, or a larger residential project. Property contains mapped wetlands, and development will require appropriate die diligence, including wetland review, soil testing, septic design, and applicable lake county approvals. (The village has already approved building, you just need specific plans.) Lake county has provided preliminary guidance for single family. residential development, with 30' front, 12' side, and 12' foot rear setbacks applicable to the proposed home.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.24 Acres
Utilities: Electricity Nearby, Natural Gas Nearby

General Information

County: Lake
Listed By:
Better Homes & Gardens Real Estate 708-859-0909
MRED MLS
$50,000
Est. $446/mo
Active
LOT SIZE 60x177 MLS#12768924
STATUSActive PROPERTY TYPELand - Residential SCHOOLDistrict 118

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28587 N Monroe Street, Wauconda, IL 60084.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $50,000$50,000$50,000
Down Payment $10,000$1,750$12,500
Monthly Mortgage Amount $276$331$329
Taxes $70$70$70
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$22$0
Monthly Estimated Total $446$523$499

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