Downtown Development Land
For Sale
$300,000
104 High Rd, Cary, IL 60013
Portfolio includes multiple adjacent parcels with a double lot, a revenue parking lot, and an occupied 4-unit building.
Property SizeContact for details
Days on Market163
Property Features for 104 High Rd
General Information
Standard status
Active
Property subtype
Vacant Land
Additional Details
Business Included
Yes
Utilities to Site
Yes
Multifamily Units
4
Listing Agency:
Baird & Warner
Listed By:
John Trandel · License #IL475.107955
(847) 381-1855
Source:
Tumpanelegacy
Added: Apr 1
Changed: Sep 8
Last Checked: Sep 9 at 8:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner
Investment Insights
Based on property information with market context.
This portfolio offers several adjacent Downtown Cary parcels positioned for flexible development and continued income. 104 High Rd is described as a double lot with all utilities to the site. The seller notes it can support uses including retail, multifamily, or a restaurant, and highlights an adjacent expansion opportunity.
124 Cary St is an in-town parcel with walkability to the train/Metra, and the remarks indicate adjacency to 13 High Rd for an expanded build site, as well as adjacency to 122 W. Main. 13 High Rd is a 4-unit apartment building currently providing over $5,500 in monthly rents, and it is noted as being sold as-is. 122 W. Main St is a revenue-producing parking lot on Main St, and the remarks call out adjacency to both 13 High Rd and 124 Cary St.
Additional adjacent expansion may be available across the portfolio, and buyers are encouraged to review the Village of Cary incentive information referenced in the marketing materials.
124 Cary St is an in-town parcel with walkability to the train/Metra, and the remarks indicate adjacency to 13 High Rd for an expanded build site, as well as adjacency to 122 W. Main. 13 High Rd is a 4-unit apartment building currently providing over $5,500 in monthly rents, and it is noted as being sold as-is. 122 W. Main St is a revenue-producing parking lot on Main St, and the remarks call out adjacency to both 13 High Rd and 124 Cary St.
Additional adjacent expansion may be available across the portfolio, and buyers are encouraged to review the Village of Cary incentive information referenced in the marketing materials.
Key Highlights
- Portfolio includes multiple adjacent parcels in downtown Cary, including a double lot, a revenue parking lot, and an occupied 4‑unit apartment building
- 13 High Rd: 4‑unit apartment building producing over $5,500 in monthly rents (sold as part of the portfolio)
- 122 W. Main St: revenue‑producing parking lot on sought‑after Main St in Downtown Cary
Property Analytics
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Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
Explore this area
Business Placement
Demographics for 60013, IL
26,144
Population
9,906
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
96%
High-School Grad
14.5 sq mi
ZIP Area
1,803
Density / Sq Mi
$115,833
Median Household Income
$52,193
Median Earnings
$1,489
Median Rent
$291,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Portfolio includes multiple adjacent parcels with a double lot, a revenue parking lot, and an occupied 4-unit building.
Where is this quadplex located?
The property is located at 104 High Rd Cary, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Portfolio includes multiple adjacent parcels in downtown Cary, including a double lot, a revenue parking lot, and an occupied 4‑unit apartment building; 13 High Rd: 4‑unit apartment building producing over $5,500 in monthly rents (sold as part of the portfolio); 122 W. Main St: revenue‑producing parking lot on sought‑after Main St in Downtown Cary
