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    Marengo Rd Harvard, IL 60033

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    For Sale
    $1,962,378

    25.7 acres residential development site located 7 miles South of Illinois/Wisconsin Border.

    Lot size:
    25.70 Acres

    Property Features for Marengo Rd

    General Information

    Lot size
    25.70 Acres
    Source: Moodyscre

    Listing Agent: Tim Billimack

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    25.7 Acres Residential Development Site

    This 25.7-acre residential development site is located 7 miles south of the Illinois/Wisconsin border. The city supports senior housing, assisted living, memory care, and alternative uses for the property. A preliminary site plan is available for review.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Harvard
    County
    McHenry
    State
    Illinois
    Longitude
    -88.618039
    Latitude
    42.416872

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    FAQs

    What type of property is this?
    Land - 25.7 acres residential development site located 7 miles South of Illinois/Wisconsin Border.
    Where is this land located?
    The property is located at Marengo Rd Harvard, IL.
    What is the asking price?
    The asking price for this property is $1,962,378.
    What are key features of this property?
    This property features: - 25.7 Acres Residential Development Site; - City Support for Senior Housing, Assisted Living, Memory Care; - Preliminary Site Plan Available
    (815) 355-0196
    Request Owner's contact information
    Marengo Rd Harvard, IL 60033
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    Harvard, IL 60033
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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
    Marengo Rd Harvard, IL 60033
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