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$13,997.00

1.06 acres | Residential Zoning

This is a rare opportunity to own an acre of land that is within city limits and close to everything. The lot is on Lewis Road and sits next to a small church on one side and has no neighbors on the other side. There is a lot of tree cover and some trees would need to be cleared for development of the land, but the trees left would provide plenty of privacy and cool shade to the property. One of the best features of this parcel is its close proximity to Lake Michigan, just a short seven-minute drive away. There are over 20 parks in the City of Zion so if you like being outdoors enjoying recreational activities, this may be the perfect place for you to call home!

Land Specifics

Property Number 10311
Size 1.06 acres
Dimensions 128' x 187.65'
Road Access Paved Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code R-10 (Residential)
Zoning Definition

R-10 (Residential): A district designed for single-family dwellings at a density of not less than 10,000 square feet per dwelling unit. Uses compatible for such district shall be only single-family dwellings, parks and forest preserves, churches and schools and any lawfully existing use at its present location at any time prior to this zoning regulation, so long as such use is not abandoned for a period of more than six months. The minimum lot size in such zone shall be 10,000 square feet with a minimum lot width of 65 feet and minimum side yards of ten percent of the frontage width (not less than 6.5 feet) on each side.

On Property Usage/Potential
Nearby Usage

Location

County Lake
State Illinois
Other Maps

Additional Information

Assessor Parcel Number (APN) 04-20-103-011
Estimated Annual Taxes $2,344.80
Legal Description

The South 128 feet of Lot 12 in Block 2 in Zion City Subdivision in Section 20, all in township 45 North, Range 12 East of the third principal meridian, in Lake County, Illinois.

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Finance Terms

Purchase Price $13,997.00
Interest Rate 9.7%
Loan Term 7 years
Total Monthly Payment $433.12

Due Today

Down Payment $149.00
Document Fee $0.00
Transfer Tax $34.99
Total Due Today: $183.99

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Purchase Price $13,997.00
Your Pay in Full Discount -$2,799.40
Your Price Today = $11,197.60
Document Fee + $0.00
Transfer Tax + $34.99
Total Due Today $11,232.59
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