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Posts Tagged Chain O’Lakes


Lakemoor Gardens – Lakemoor – SOLD

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Categories: Sold Properties
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Lakemoor Gardens - click for marketing information

  • Sale Price: $227,882 ($6,330 per acre)
  • Sale Date: September 29, 2011
  • Description: 36+/- acres (1,568,160 sq ft) of land, originally planned for a senior-living campus containing a total of 407 residential units.  336 units were planned as studio/efficiency assisted-living units to be spread across six buildings, and the remaining units were planned as assisted-living cottages.  A community clubhouse was also planned.
  • Location: South side of Lincoln Road, just east of Chapel Hill Road in Lakemoor, Illinois.
  • PIN: 10-30-300-005
  • Zoning: RM-1 Low Density Multi-Family Residential District PUD (with Conditional Use Permit) and RA-1 Attached Residential District PUD in the Village of Lakemoor