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Listing provided courtesy of Ellsbury Group LLCMREDas Distributed by MLSGrid- MLS# 12605954MLS Provider

406 Monaville RoadLake Villa, IL 60046

Vacant Land · 28.50 Acres
$1,800,000 Active

406 Monaville Road Overview

Time on Site:
42 days
Visits:
1

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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406 Monaville Road Facts & Features

  • Type Vacant Land
  • Lot 28.50 Acres

Details

General

School Information

  • School District: 127

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Lake Villa / Lindenhurst
  • Township: Lake Villa

Tax Information

  • Tax Annual Amount: $1,987.24
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 06081000480000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 1042
  • Frontage Type: City Street
  • Lot Size Acres: 28.5
  • Lot Size Dimensions: 4735.5
  • Road Surface Type: None

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby

406 Monaville Road Neighborhood

Community

60046 (LINDENHURST) Demographics

38
Median Age
1,339
Population Density (per sq. mile)
51%
College Educated
$104,960
Estimated Median Income
9,827
Estimated Total Home Owners
2,165
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

406 Monaville Road Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

406 Monaville Road Market Data

Based on the last 30 days in this zip code

$397,632
Average List Price
$203
Average Price per Square Foot
43
Properties Sold
43
Average Days on Market
91
Properties for Sale
Calculations provided by Reliance Network

406 Monaville Road History

Date Event Value Agent
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Added to Database
May 18, 2026
10/16/2025Source: MRED Status Change
Closed
3/3/2025Source: MRED Status Change
Contingent
11/4/2024Source: MRED Status Change
Active
10/30/2024Source: MRED Added to Database
October 30, 2024