Address
25147 N Gilmer Road, Hawthorn Woods, IL
Price
$ 4,995,000
Property Attributes
  • MLS#12030495
  • TypeBusiness Op
  • CountyLAKE
  • CityHawthorn Woods
  • AreaHawthorn Woods - Lake Zurich - Kildeer - Long Grov
  • Zip60047
  • Style
  • Price$ 4,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20000
  • Lot Size42 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Forty-two acres of sprawling farmland include a multi-million dollar renovation of a full-service equestrian facility featuring an outdoor ring, paddocks and riding trails. An enchanting manor home is one of two individual residences featured on the property, which also includes a charming farmhouse with three bedrooms and 2.1 bathrooms. The forty-seven stall, main barn features an indoor riding ring, tack rooms, wash rack, office, and a separate, 1400 square foot pole barn, with a three-sided hay shed. A large-scale rehab of the entire facility has been in progress including structural changes, interior redesigns, and updated electrical, plumbing, and HVAC; with a new well and septic system exclusive to the barn, state-of-the-art fixtures and equipment, new drainage, an on-site diesel and gasoline fueling station, and a freshly installed riding surface in the indoor arena. Extensive work has been performed outdoors including electronically secure gates at all four entrances to the property, new drainage, and an outdoor arena expansion with the addition of new sand and footings. A larger parking lot has been created, and new gravel and stone retaining walls are installed. Fresh landscaping features extensive plantings, bushes, river rock, a new irrigation system, and multiple patios throughout the property. Existing paddocks have been improved with Buckley fencing, while new grass, and all-weather paddocks have also been created. A remodel of the farmhouse features a new roof, siding, windows, garage door, and complete security system. Modern doors, flooring, and a new staircase have been installed. Existing bathrooms are updated and a powder room has been added on the main floor. A raised ceiling has been constructed in the living room and the kitchen highlights furniture grade cabinets, quartz countertops, and new appliances. A farm located in the heart of Lake County, perfect for any discipline, just minutes from shopping, dining, and transportation.

Price History
4/16/2024 Listed $4,995,000

General Features

Cooling Central Air,Partial,Window Unit(s)
Utilities Electric to Site,Septic-Private,Well Private
Possession Closing,Negotiable
Zoning OTHER
Tenant Pays Taxes,Insurance,Repairs,Scavenger,Sewer,Other
Tax Year 2022
Business Type Other
County Lake
Operating Expense 100000
Property Type Business Opportunity
Status Active
Directions Route 60 to Midlothian Road to Gilmer Road to property
City Hawthorn Woods
MLS Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Lot Size Square Feet 1829520
Waterfront Y/N No
Street Name Gilmer
Additional Parcels Y/N Yes
Virtual Tour https://tour.vht.com/434376878/25147-n-gilmer-road-hawthorn-woods-il-60047/idx
Days on Market 6
Standard Status Active
Property Type Bus / Bus w/Real Est

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 20000
Lot Dimensions 10X10X10X10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60047

Price
AVG $5M
$5M
Visits
AVG 27
26
Data Provided by Inside Real Estate®

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