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    1519 S Il Route 31 McHenry, IL 60050

    For Sale
    $495,000

    Commercial Sale - McHenry, IL

    Lot size:
    1.20 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1519 S Il Route 31

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OTHER
    APN
    1410401015
    Lot size
    1.20 Acres

    Utilities

    Cooling system
    Zoned

    Building Details

    Year built
    1938
    Architectural style
    Other

    Dream Real Estate (815) 472-7720 [email protected]

    Listing agent Susan Miller (815) 472-7720 License #471003218

    Listing date Sep 10, 2025

    MLS# 11903230 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    McHenry Commercial Land For Sale

    This 1.2-acre property, located in McHenry, Illinois, presents a commercial redevelopment opportunity. The site consists of two parcels. One parcel contains a 1,890-square-foot residence with three bedrooms and 1.5 bathrooms, currently utilized as an income property. The other parcel includes a barn with an office and a freestanding garage. Each parcel has an independent septic system and a shared well. The property is zoned industrial and is situated across from a new apartment complex under construction with over 500 units. Located next to a major hotel chain, restaurant, bank, and other commercial developments, the site offers an excellent location for rezoning and commercial redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.282838
    Latitude
    42.306365

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    FAQs

    What type of property is this?
    Commercial land - Two parcels totaling 1.2 acres, ideal for commercial redevelopment.
    Where is this commercial land located?
    The property is located at 1519 S Il Route 31 McHenry, IL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Excellent location directly across from a new 500+ apartment complex under construction.; - Potential for rezoning and commercial redevelopment.; - Two parcels totaling 1.20 acres.
    (815) 472-7720
    Request Owner's contact information
    1519 S Il Route 31 McHenry, IL 60050
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    McHenry, IL 60050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1519 S Il Route 31 McHenry, IL 60050
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