‘A quality investment in the community’: Townhouses planned for undeveloped land in Deer Park

A real estate developer plans to build townhouses on land it’s buying from Deer Park.

The village board on Thursday agreed to sell the roughly 7-acre, undeveloped property at 21180 N. Rand Road to South Barrington-based homebuilder Projades for $760,000.

The heavily wooded property is on the west side of Rand Road, between Quentin and Cuba roads. It’s just north of Bowlero.

Deer Park bought the land for $115,000 through a Lake County tax sale in 2022, Village Administrator Beth McAndrews said. An abandoned house on the north end of the property subsequently was demolished, she said.

“It was a great opportunity for the village,” McAndrews said of the investment.

Projades submitted a closed bid for the property, which was for sale through a real estate service. It was the only purchase offer, McAndrews said.

Village officials aim to close the deal this fall.

Projades intends to build duplexes with 38 total units, McAndrews said. A dog park and pickleball courts are included in preliminary plans.

The preliminary target price for each home will be about $650,000, depending on customized options and other factors, Projades said in a project announcement.

The company is expected to deliver a formal plan to village hall within weeks. Construction could begin as soon as plans are approved by the village board, McAndrews said.

Deer Park officials are pleased to welcome the development to the village, McAndrews said.

“(It) represents a quality investment in the community and provides additional housing opportunities for current and future residents,” she said.