815 bay road

Historic Pistakee Country Club is situated on one of the most beautiful parcels in the entire Chain of Lakes area. Located just south of Pistakee Lake, this is a great opportunity to create an upscale single family, multi-family, condo & mixed use commercial development. Pre-Annexation agreement with the Village of Lakemoor, IL has been negotiated and includes redevelopment scenarios, incentive packages, possible property tax abatement, density bonuses, zoning variations & permit fee reductions. Once annexed into Lakemoor, municipal water and sewer can be brought to the site via SSA options, recapture fees possible when coordinated with adjacent properties. Water and sewer to site via Lincoln and Cuhlman Roads. Once annexed into Lakemoor, the property could handle approximately 225 plus single family homes on lots sizes as small as .2 acres. Possible commercial zoning along Bay Road for a neighborhood retail & service strip center too. Sale includes Pistakee Country Club Golf Course and buildings plus one single family home just to the west of the club house. Exclude all equipment, fixtures and vehicles associated with the operation of the golf course.