24143 W Petite Lake Road, Lake Villa, IL 60046

Lake Villa
Local realty services provided by:ERA Naper Realty
24143 W Petite Lake Road,Lake Villa, IL 60046
$824,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Farm
  • Active
Listed by: drew kissel
Office: homesmart connect llc.
MLS#:12749291
Source:MLSNI

Price summary

  • Price:$824,000

About this home

Rare opportunity to acquire approximately 33 acres in a growing Lake Villa location with frontage along both Fairfield Road and W Petite Lake Road. Currently utilized as productive farmland, the property offers immediate agricultural income while providing a buyer with flexibility for the future. Per the Village of Lake Villa, the property is currently zoned RE-1 (Rural Estates), creating an intriguing opportunity for a potential low-density residential development with larger homesites. With substantial road frontage, an attractive setting and surrounding residential uses, this is the type of property that can appeal to investors, developers and buyers looking to hold land in the path of continued growth. Continue the existing agricultural use, explore a larger-estate residential concept, or hold the property as a long-term investment. Opportunities combining current income, acreage and potential future development are increasingly difficult to find in this part of Lake County....

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Home facts

  • Listing ID #:12749291
  • Updated:September 07, 2026 at 11:02 AM

Structure and exterior

  • Lot area:39.59 Acres

Finances and disclosures

  • Price:$824,000
  • Tax amount:$1,654 (2025)
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