Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    McGuire Road Harvard, IL 60033

    View on Map
    For Sale
    $129,900

    LAND - Harvard, IL

    Lot size:
    10.95 Acres
    Added:
    Aug 4, 2025
    Days on Market:
    246
    Last Refresh:
    Apr 6 at 8:06 pm

    Property Features for McGuire Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AGRIC
    Standard status
    Active
    APN
    0706100022
    Lot size
    10.95 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    439

    We can help!

    Listing Contact
    Arturo Flores
    Arturo Flores

    Listing agent Arturo Flores License #471018294

    Listing office eXp Realty 245 McHenry Ave, Chicago, IL

    Listing date Aug 4, 2025

    MLS# 12437092 Listing URL

    Copyright © 2026 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

    10.95 Acres in Harvard, IL

    This 10.95-acre parcel in Harvard, Illinois, is zoned A1 and offers potential for various uses. The land may be suitable for a custom estate, agricultural use, or other permitted ventures. The property combines a tranquil setting with convenient access. Located in McHenry County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Harvard
    County
    McHenry
    State
    Illinois
    Longitude
    -88.510953
    Latitude
    42.399838

    Nearby Similar for Sale

    • $249,900

      Well-Maintained Duplex with Income Potential

      Updated duplex with separate entrances and utilities, ideal for owner-occupant.
      6018-6020 Hickory Street, Harvard, IL 60033
      View Details
    • $950,000

      39 Acre Estate with Two Homes

      Spacious property featuring two homes, barn, and large pond.
      17406 IL Rt 173, Harvard, IL 60033
      View Details
    • $269,900

      28 Acres Versatile Land Parcel

      28-acre agricultural land parcel with mature trees near Harvard, IL.
      Green Road, Harvard, IL 60033
      View Details
    • $199,900
      9,000 SF

      Redevelopment Opportunity on State Highway

      Three-story, 7,800 SF building on 1.24 acres with B3 zoning.
      708 West Brink Street, Harvard, IL 60033,
      View Details
    • Contact for pricing
      180,500 SF

      180,500 SF Manufacturing Building

      Two-story manufacturing building on 24.7 acres near Route 173.
      6303 Maxon Road, Harvard, IL, 60033
      View Details
    • Contact for pricing

      Commercial Land Near Metra Station

      0.55 acres of commercial land near Harvard Metra Station.
      317 South Division Street, Harvard, IL, 60033
      View Details
    • $199,500

      3.2 Acres Industrial Lot

      3.2-acre industrial lot, ready to build, in Enterprise Zone.
      1503 W Diggins St, Harvard, IL
      View Details
    • $545,220

      Northwoods Land Near Route 14

      41.94 acres across 3 parcels near Woodstock and Harvard.
      0 US-14, Harvard, IL 60033
      View Details
    • $198,500

      Commercial Building Near Downtown Harvard

      Commercial building near downtown Harvard with drive-through potential.
      400 N Division Street, Harvard, IL 60033
      View Details
    • Contact for pricing
      180,500 SF

      Harvard Industrial Manufacturing Facility

      180,500 SF manufacturing building with processing plant and rail access.
      6303 Maxon Rd, Harvard, IL 60033
      View Details
    • $198,500

      Commercial Building Near Downtown

      Commercial building with potential drive-through in a great location.
      400 N Division Street, Harvard, IL 60033
      View Details
    • $199,500

      3.2 Acres Industrial Lot

      Industrial lot ready to build, with utilities and easy access.
      1503 West Diggins Street, Harvard, IL 60033
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 10.95-acre parcel zoned A1 with potential to build dream home.
    Where is this agricultural land / farmland located?
    The property is located at McGuire Road Harvard, IL.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: Large 10.95‑acre parcel.; Zoned A1, allowing for various uses.; Potential to build a custom estate.
    (888) 574-9405
    We can help!
    Listing Contact
    Arturo Flores
    Arturo Flores
    Real Estate License ID: 471018294
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!