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Street View
$1,800,000
Monthly Est:$8,959
-- Bed
- -- Bath
28.5acres lot
406 Monaville Rd, Lake Villa, IL 60046
$1,800,000
$8,959/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
28.5 acres lot
$63,158/acre
Description
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!
- Houzeo last checked: 1 minute ago
- Listing updated: May 24, 2026 at 5:06 am
- Listing Provided by: Bilal Hussain (224) 616-9773 | Ellsbury Group LLC (219) 200-5133
- Source: MRED MLS-IL | MLS#: 12605954

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
28.5 acres lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12605954
MLS Status
Active
Days on Market
120

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Utilities
Electricity Nearby, Natural Gas Nearby
Price History
| Date | Event | Price |
|---|---|---|
05/18/2026 Source: | Listed for Sale | $1,800,000 +622.89% $0/sqft |
10/16/2025 Source: | Sold | $249,000 +13.18% $0/sqft |
10/16/2025 Source: | Price Decreased | $220,000 -11.65% $0/sqft |
03/03/2025 Source: | Contingent (Active Under Contract) | $249,000 $0/sqft |
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Sep 15, 2026, 07:15PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Sep 15, 2026, 07:15PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
Advertising Broker: Jorge Romero | Realty One Group Inc.
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