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!
Approximately 3.07 Acres. Currenty used as farm land. Grain will be harvested within the next few months.
Year
Property tax
Land + Additions
Assessment*
2025
$2,056 (−46.4%)
$24,093 + $33
$24,126
2023
$3,836
$22,137 + $33
$22,170
Public record
Public record
Permits
Beds
3
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
28.36 Acres
Year renovated
1935
Finished Sq. Ft.
2,561
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,561
Year built
1935
Style
Ranch
County
Lake County
APN
06-08-100-048
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Dec 30, 2025 • Final
Minor building permit (lv) - demolition
Demolition
Sep 30, 2025 • Final
Demolition - major demo
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lake Villa, IL • 60046
Average low and high temperatures (°F)
28
13
36
20
52
31
60
40
67
47
80
60
82
66
79
61
77
57
66
47
49
35
34
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 406 Monaville Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $425,000 and $505,000.
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $425K to $517K.
Local rules require you to be signed in2576 Sandpiper Dr, Lindenhurst, IL 60046