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    3401 Richmond Rd Johnsburg, IL 60051

    Sponsored
    For Sale
    $1,000,000

    4.9 Acres, 9,088 SF, Multi-Use

    Property size:
    9,088 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4.9-acre Johnsburg, IL property offers a unique investment opportunity. The site boasts three separate buildings totaling 9,088 square feet, presenting significant flexibility for various uses. The first building comprises 2,800 square feet, featuring two distinct commercial units and a small office space. A second industrial building offers 5,000 square feet, divided into two 2,500-square-foot units, ideal for multiple tenants or a single large operation. Complementing these commercial structures is a 1,288-square-foot residential house, adding further versatility. The property also includes a revenue-generating billboard. Located at 3401 N Richmond Road, this property is zoned to allow for a range of redevelopment options, including commercial, retail, or cannabis-related businesses. Note that trucking is prohibited on the premises. The existing tenants provide immediate income potential, while the substantial size and diverse building configurations offer ample room for expansion or repurposing to suit a wide array of business needs. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable location.

    Property Features for 3401 Richmond Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,088 SF
    Lot Size
    213,444 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Building Supply Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnsburg
    County
    McHenry
    State
    Illinois
    Longitude
    -88.27193
    Latitude
    42.37571

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    Nearby Similar for Sale

    • $1,000,000
      9,088 SF

      Prime Retail Space, Arrowhead

      High-visibility Bell Road location, 2,548 sq ft.
      3401 Richmond Rd, Johnsburg, IL 60051
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      103,525 SF

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    FAQs

    What type of property is this?
    Commercial real estate - 4.9 Acres, 9,088 SF, Multi-Use
    Where is this commercial real estate located?
    The property is located at 3401 Richmond Rd Johnsburg, IL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (847) 310-4295
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    3401 Richmond Rd Johnsburg, IL 60051
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    Johnsburg, IL 60051
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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
    3401 Richmond Rd Johnsburg, IL 60051
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