406 Monaville Road, Lake Villa, IL 60046

Lake Villa
Local realty services provided by:Better Homes and Gardens Real Estate Connections
406 Monaville Road,Lake Villa, IL 60046
$1,800,000
  • 28.5 Acres
  • Lots / Land
  • Active
Listed by: bilal hussain
Office: ellsbury group llc.
MLS#:12605954
Source:MLSNI

Price summary

  • Price:$1,800,000

About this home

Prime 28.5 acres in Lake Villa are ready for a development project. Previously under contract with a large developer who got village approvals for 70-80 2-story townhomes. Current zoning is for residential and the city is willing to work with the next developer to make this project happen. Rezoning can be done easily for whatever you are looking to do! Check the mockups for an incredible MULTI-FAMILY development, or a 100+ ASSISTED LIVING PROJECT, Townhomes, or anything else!

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Home facts

  • Listing ID #:12605954
  • Updated:September 05, 2026 at 11:01 AM

Structure and exterior

  • Lot area:28.5 Acres

Finances and disclosures

  • Price:$1,800,000
  • Tax amount:$1,987 (2024)
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