


406 Monaville Road
Lake Villa, IL
$1,800,000
406 Monaville Road
Lake Villa, IL 60046
$1,800,000
List Price
Studio
Layout
About This Property
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!
Property Details
Key Facts
Listed for sale
MLS #MRD12605954
$1,800,000
May 18, 2026
Mortgage Estimate
$9,267
/monthLocation
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406 Monaville Road, Lake Villa, IL 60046
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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.
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